Empirical evidence shows that the impact of government budget deficits and surpluses on the equilibrium interest rate is quite large
Indicate whether the statement is true or false
FALSE
Economics
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If economies of scale allow one cable TV firm to supply the entire market at the lowest possible cost, then this company is
A) a natural monopoly. B) not a monopoly. C) a monopoly, but not a natural monopoly. D) a legal monopoly.
Economics
In the short run, if a firm shuts down its maximum loss equals the amount of its fixed cost
Indicate whether the statement is true or false
Economics