Which of the following is not a determinant of a firm's cost functions?
A) The production function.
B) The price of labor.
C) The productivity of the firm's capital stock.
D) The price of the firm's output.
D
Economics
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Which of the following is an example of a discretionary fiscal policy action?
A) increasing government spending to deal with a recession B) a decrease in tax revenues as taxpayers' incomes decrease C) increasing the minimum wage rate D) raising regulations in the health care industry
Economics
Purchases of stocks and bonds are examples of investment spending
a. True b. False
Economics