Optimal decisions are made at the point where marginal cost equals zero
Indicate whether the statement is true or false
FALSE
Economics
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Monetary policy has ________ impact on the long-run Phillips curve
A) a positive B) no C) a negative D) an unpredictable
Economics
You invest an amount today for four years that pays 6% annually. The bank compounds annually. At the end of the four years you will have $150. What amount must you invest today?
A) $148.81 B) $138.81 C) $128.81 D) $118.81
Economics