When people exchange money for financial assets, the _____ rises
a. real GDP
b. price level
c. unemployment rate
d. nominal GDP
e. interest rate
e
Economics
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For a hotdog vendor, the hotdog buns represents his
A) fixed input. B) variable input. C) sunk cost. D) none of the above.
Economics
Refer to the data provided in Table 9.3 below to answer the following question(s). Table 9.3qTFCTVCTCMCAVCATC0$100 $0$100 ---- -- 1100401404040 140 21006016020 30 80 31009019030 30 63.334100124 224 343156 5100180 280 56 36 56 6100 264 364 84 44 60.677100 372 472 108 53.14 67.43Refer to Table 9.3. If the market price is $30, then this firm will maximize profits by producing ________ units of output.
A. three B. four C. five D. six
Economics