The length of the short run is the same for all firms
Indicate whether the statement is true or false
False. Firms differ in their ability to change the amount of capital they employ. Therefore, the short-run period is likely different for firms in different industries.
Economics
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In order to raise the federal funds rate, the Fed ________ government securities in open market operations, so that banks' reserves ________ and the quantity of money ________
A) buys; decrease; increases B) buys; increase; decreases C) sells; decrease; decreases D) sells; increase; decreases E) buys; increase; increases
Economics
It is true of externalities that they
a. arise when all costs, social and private, are included in production cost. b. are always beneficial. c. are always detrimental. d. None of the above are correct.
Economics