According to the rule of 70, if you earn an interest rate of 3.5 percent, your savings will double about every 20 years
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If fixed cost at Q = 100 is $130, then
a. fixed cost at Q = 0 is $0 b. fixed cost at Q = 0 is less than $130 c. fixed cost at Q = 200 is $260 d. fixed cost at Q = 200 is $130 e. it is impossible to calculate fixed costs at any other quantity
Economics
According to the graph shown, if the economy is operating under free trade, who would be in favor of a tariff?
This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.
A. Domestic producers
B. Domestic consumers
C. Foreign producers
D. Foreign governments.
Economics