The European Central Bank is located in ______, probably as a result of ______ influence on European monetary policy because of its above-average economic performance.

We are assuming that returns to scale are

A) scalable. B) constant. C) increasing. D) zero.

Which of the following will cause the rental cost/user cost of capital to decrease?

A) The rate of depreciation decreases. B) The real interest rate increases. C) The expected profit from the machine decreases. D) all of the above E) none of the above