If two variables B and V are positively correlated, B ________ when V ________
A) goes up; goes down
B) goes up; goes up
C) goes down; goes up
D) remains unchanged; goes up
B
Economics
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If the depreciation rate in an economy is 10%, and the capital stock in the economy is $1,000, the level of investment required to keep the economy at a steady state is equal to:
A) $110. B) $1,000. C) $250. D) $100.
Economics
If a firm is operating at an output level where losses are minimized, the firm
A) has no incentive to stay in the industry. B) is better off exiting the industry. C) is maximizing profits. D) will shut down.
Economics