In the long-run average cost function, only the amount of capital is allowed to vary

Refer to the scenario above. Suppose the interest rate is 5 percent. In this case, you will have ________ in your account after one year

A) $533 B) $546 C) $550 D) $580

The unemployment rate tends to be higher in the European Union as compared to the United States

Indicate whether the statement is true or false