The marginal cost curve of a firm measures
A) external costs.
B) pollution costs.
C) private costs.
D) social costs.
Answer: C
Economics
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Currency traders expect the value of the dollar to rise. What effect will this have on the demand for dollars and the supply of dollars in the foreign exchange market?
A) Demand for dollars will decrease, and supply of dollars will increase. B) Demand for dollars will decrease, and supply of dollars will decrease. C) Demand for dollars will increase, and supply of dollars will increase. D) Demand for dollars will increase, and supply of dollars will decrease.
Economics
The aggregate supply curve is vertical at the level of real GDP that corresponds to the natural rate of unemployment
a. True b. False Indicate whether the statement is true or false
Economics