Economies of scope exist between book publishing and magazine publishing if
A) the cost of publishing a magazine is lower for book publishers than for other firms.
B) the cost of publishing a magazine is lower for firms that publish many magazines than for firms that publish only one magazine.
C) the cost of publishing a book falls over time as the publisher acquires more experience.
D) the cost of a publishing a book is not subject to diminishing marginal returns.
A
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Last year U.S. net exports of goods and services was negative. This fact means that last year
A) there was an error made when calculating net exports of goods and services for the United States. B) the value of U.S. exports was greater than the value of U.S. imports. C) the value of U.S. exports was less than the value of U.S. imports. D) U.S. consumption expenditure plus investment was less than the value of exports plus the value of imports. E) U.S. consumption expenditure plus investment plus government expenditures on goods and services was less than the value of exports plus the value of imports.
How does conventional monetary policy work?
A. Fed selects target rate, uses OMO to change supply of reserves, and changes money supply to move to target B. changes supply of bank reserves through OMO, changes price of reserves, Fed Funds rate changes other interest rates C. changes money supply through OMO, changes Fed Funds rate D. all of the above