In the calculation of the cost of going to college, an economist would always include the cost of room and board.
Answer the following statement true (T) or false (F)
False
Economics
You might also like to view...
Suppose the banks in the Federal Reserve System have $100 million in transactions accounts and the reserve requirement is 0.10. Ceteris paribus, if the reserve requirement is decreased to 0.07, then excess reserves will increase by:
A. $3 million. B. $7 million. C. $10 million. D. $700 billion.
Economics
At any given time, which factor of production is NOT fixed?
A) labor B) technology C) entrepreneurship D) land E) money
Economics