Setup Corporation buys $100,000 of sand, rock, and cement to produce ready-mix concrete. It sells 10,000 cubic yards of concrete at $30 a cubic yard. The value added by Setup Corporation is:
A. $300,000.
B. $100,000.
C. $200,000.
D. zero dollars.
C. $200,000.
Economics
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A decrease in the unemployment rate may be represented as a movement from a point inside the production possibilities frontier to a point on the frontier
Indicate whether the statement is true or false
Economics
Discount rates are __________ every two weeks by the directors of each regional Federal Reserve Bank but are __________ by the Board of Governors
A) determined; established B) established; determined C) recommended; established D) determined; recommended
Economics