Any firm's total revenue equals

A. P/q.
B. MR/q.
C. MR × q.
D. P × q.

Answer: D

Economics

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Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $1200?

A. 300 B. 0 C. 1140 D. 60

Economics

Whether real seignorage revenue increases when the rate of money growth increases depends on whether

A. the rise in inflation outweighs the decline in real money holdings. B. the rise in the real supply of currency outweighs the decline in inflation. C. the rise in inflation ratio outweighs the decline in the real supply of currency. D. the rise in real money holdings outweighs the decline in inflation.

Economics