By 1913, the dominant method of making basic steel was the open-hearth furnace

In determining the optimal capital budget, one should choose those project's whose ____ exceeds the firm's ____ cost of capital

a. internal rate of return, average b. internal rate of return, marginal c. internal rate of return, historic d. average rate of return, marginal e. none of the above

During a period when output and employment is falling, the government will try to:

A. Increase tax rates B. Increase interest rates C. Reduce government spending D. Stimulate borrowing and spending