In the short run, the profit maximizing (or minimizing) quantity of output for any firm to produce exists at that output level at which marginal revenue equals marginal cost
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The Federal Open Market Committee consists of
A. the president and the Board of Governors. B. Congress people, Senators, and the Board of Governors. C. the Secretary of the Treasury and the Board of Governors. D. the Board of Governors and five district bank presidents.
Economics
Discuss why many economists maintain that continued deficit spending by government is likely to "crowd out" (decrease) investment spending in the long run.
What will be an ideal response?
Economics