A decrease in spending on new homes will, other things equal
A) increase aggregate demand. B) increase aggregate supply.
C) decrease aggregate demand. D) decrease aggregate supply.
C
Economics
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_____ is a stock measure of an individual's or household's assets and net liabilities, at a given point in time.
a. Wealth b. An asset c. Assets, wealth, and income are all stock measures. d. Income
Economics
If the total cost of producing 20 units of output is $1,000 and the average variable cost is $35, what is the firm's average fixed cost at that level of output?
A) $65 B) $50 C) $15 D) It is impossible to determine without additional information.
Economics