An example of fiscal policy would be government:
A. increasing the amount of available educational grants.
B. decreasing the income tax.
C. increasing corporate income taxes.
D. increasing money supply.
D. increasing money supply.
Economics
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In the long-run equilibrium, perfectly competitive firms make zero economic profit because of
A) government regulations. B) the ability of firms to enter and exit. C) inefficient production processes. D) high fixed costs.
Economics
At its minimum point, the average-total-cost curve is intersected by the:
a. average fixed cost curve. b. average variable cost curve. c. total fixed cost curve. d. total variable cost curve. e. marginal cost curve.
Economics