The law of diminishing returns causes a firm's short-run marginal cost curve to be s-shaped
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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When part of the quantity of money is held in currency, then
A) a currency drain occurs. B) there is a higher level of excess reserves. C) the money multiplier will increase in value. D) the Fed will find it beneficial to increase the discount rate.
Economics
A "false negative" is
a. When you incorrectly conclude that your hypothesis is true b. When you incorrectly conclude that your hypothesis is false c. When you correctly conclude that your hypothesis is true d. When you correctly conclude that your hypothesis is false
Economics