A firm's minimum efficient scale is defined as
a. the output level at which LRATC first reaches its minimum level
b. any output level at which LRATC is minimized
c. the highest output level at which LRATC takes on its minimum value
d. the output level at which the firm charges its highest price
e. the lowest output level at which the firm can charge a positive price
A
Economics
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If the Fed buys $100 in securities from a commercial bank, the
A) Fed's assets will decrease. B) quantity of money will decrease. C) quantity of the bank's reserves will increase. D) amount of the bank's reserves will not change.
Economics
The Fed can increase the money supply by conducting open market sales of U.S. Treasury Bonds, or by raising the required reserve ratio
Indicate whether the statement is true or false
Economics