The normal rate of return on capital is also known as the
A) fixed cost of capital.
B) depreciation cost of capital.
C) opportunity cost of capital.
D) monopoly rent.
Answer: C
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Refer to the data. The marginal cost of the fourth unit of output is:
Answer the question on the basis of the accompanying table that shows average total costs (ATC) for a manufacturing firm whose total fixed costs are $10:
A. $2.
B. $12.
C. $37.
D. $16.
Which of the following is true about the Monetary Control Act of 1980?
A. It placed credit unions, mutual savings banks, and nonmember banks under regulatory institutions other than the Fed. B. It deregulated the banking industry. C. It further restricted the Federal Reserve's control of the banking system. D. It reduced the distinction between different types of depository institutions.