The original impetus for Social Security was
A) to provide retirement fund for all persons.
B) to prevent future depressions.
C) the result of social engineering by politicians.
D) a proper response to the stock market crash of 1929.
A
Economics
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A monopolistically competitive firm will
A) always produce at the minimum efficient scale of production. B) have some control over its price because its product is differentiated. C) produce an output level that is productively and allocatively efficient. D) charge the same price as its competitors do.
Economics
Suppose the production function is q = 12 L0.25K0.75. Determine the long-run capital-to-labor ratio (K/L) if the cost a unit of capital (r) is three times the cost of a unit of labor (w)
What will be an ideal response?
Economics