Variable costs increase when output rises
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What factors can push the real wage rate above its equilibrium level? Briefly explain each factor
What will be an ideal response?
Economics
Which of the following will cause the date that the Social Security trust fund runs out of money to be pushed further into the future?
A) a decrease in the rate of real GDP growth B) an increase in the population growth rate C) a decrease in the growth of the real wage D) all of the above
Economics