Use the following graph to answer the next question. How much profit will this firm make?
A. $200
B. $400
C. $900
D. $500
Answer: A
Economics
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The benchmark default-free interest rate of the financial system is generally considered to be:
A) the federal funds rate B) the interest rate on the 10-year Treasury note C) the discount rate D) the 30-year fixed rate mortgage
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If income decreases, there will be a parallel inward shift of the budget line
a. True b. False
Economics