The ratio of total costs to the quantity produced is referred to as
A) average fixed costs.
B) average variable costs.
C) marginal costs.
D) average total costs.
Answer: D
Economics
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An autonomous decrease in money demand, other things equal, shifts the ________ curve to the ________
A) IS; right B) IS; left C) LM; left D) LM; right
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The classical model does not do a good job of explaining short-run fluctuations in the level of economic activity
a. True b. False
Economics