Which of the following is not a leading economic indicator?
a. Prices of common stock
b. Number of new businesses formed
c. Unemployment rate
d. New orders for plants and equipment
c
Economics
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If the productivity of capital increases, the
a. supply curve of capital shifts to the right b. interest rate decreases c. firm's MRP of capital increases d. firm's MRP of capital decreases e. marginal factor cost decreases
Economics
Economies of scale occur when the long-run average cost curve slopes downward.
Answer the following statement true (T) or false (F)
Economics