We allocate resources efficiently when

A) marginal benefit is equal to marginal cost.
B) marginal benefit is greater than marginal cost by any amount.
C) marginal cost is greater than marginal benefit.
D) total benefit is greater than total cost.
E) marginal benefit is greater than marginal cost by as much as possible.

A

Economics

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Refer to Table 15.3. Based on the data in the table, the primary budget deficit necessary to make fiscal policy sustainable in Saldinia is ________ of GDP

A) -5.3% B) -1.1% C) 1.1% D) 6.5%

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Suppose $100 is deposited in a bank account paying 5% compounded annually. If the interest earned is X after 5 years, then the interest earned will be 2X after 10 years

Indicate whether the statement is true or false

Economics