Which of the following costs will not change as output changes?
A) marginal cost
B) total variable cost
C) average variable cost
D) average fixed cost
E) total fixed cost
Answer: E
Economics
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When a financial intermediary purchases a nontraded claim of either a business or an individual, its main concern is with
A) interest rate risk. B) credit risk. C) reinvestment rate risk. D) None of the above.
Economics
Investment tax credits are subject to ________ of the lags that occur with more conventional types of fiscal policy, making them ________ activist fiscal policy tool
A) none, a promising B) none, an unpromising C) some, a promising D) some, an unpromising
Economics