What role do households play in capital markets?
What will be an ideal response?
Households indirectly supply the financial resources necessary for firms to purchase capital.
Economics
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The story The Wizard of Oz can be interpreted as an allegory about U.S. monetary policy in the late 19th century
a. True b. False Indicate whether the statement is true or false
Economics
A firm produces 400 units of output at a total cost of $1,200 . If total variable costs are $1,000,
a. average fixed cost is 50 cents. b. average variable cost is $2. c. average total cost is $2.50. d. average total cost is 50 cents.
Economics