When prices rise, the interest rate:
A. tends to rise.
B. tends to fall.
C. is usually not affected.
D. will rise if the wealth effect outweighs the price effect.
A. tends to rise.
Economics
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The fundamental rule of profit maximization for firms is to produce where:
a. MR = MC. b. ATC is minimized. c. quantity of output is maximized. d. price is maximized. e. total revenue is maximized.
Economics
The demographers predict that the worldwide total fertility rate will decline to one birth per woman per lifetime. If this happens, then:
A. Each generation will be one-fourth as large as the previous one B. Each generation will be half as large as the previous one C. Each generation will be as large as the previous one D. Each generation will be one half larger than the previous
Economics