When you work to support your lifestyle, you are making a tradeoff

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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A firm sells 20 units of a good at a price of $5 per unit. If the average cost of production of the good equals $3 per unit, the firm's revenue is:

A) $40. B) $60. C) $100. D) $120.

Economics

Which of the following questions is most likely to bring forth the same answer from each of 100 economists:

A) What role should government play in the economy? B) How does the Fed go about changing the money supply? C) Is it better to use monetary or fiscal policy to stabilize the economy at the current time? D) What are the effects on the economy of expansionary fiscal policy? E) b and d

Economics