"Macroeconomics is the part of economics concerned with individual units such as a person, a household, a firm, or an industry." This statement is:

A. positive but incorrect.
B. positive and correct.
C. normative but incorrect.
D. normative and correct.

Answer: A

Economics

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The marginal cost curve is a linear upward-sloping curve

a. True b. False Indicate whether the statement is true or false

Economics

Corporations, like individuals, face an alternative minimum tax (AMT).

A. True B. False C. Uncertain

Economics