Specialization according to comparative advantage, followed by trade, allows everyone to acquire more of the goods they want
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What is the money multiplier and what affects its size?
What will be an ideal response?
Economics
You have just purchased a new DVD player to show videos to your customers. The DVD player cost $500, and you depreciate the machine at a rate of 25% each year. You can borrow money from the bank at 10%, or receive 6% for depositing money at the bank. The expected inflation rate in the coming year is 5%. You used the company's own funds to purchase the DVD player. The firm's user cost of capital for the first year is
A. $130. B. $150. C. $155. D. $175.
Economics