According to the Keynesian view of macroeconomics, what should be the role of the government as far as economic policy?
Select one:
a. The government should keep the growth rate of the money supply stable.
b. The government should maintain a fixed interest rate.
c. The government should try to raise the AS curve.
d. The government should try to stabilize the AD curve.
c. The government should try to raise the AS curve.
Economics
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The manager of Greene Enterprises, Inc., recently estimated its average variable cost (AVC) function to beAVC = 88 - 0.026Q + 0.000003Q2Greene Enterprises faces total fixed costs (TFC) of $300,000. At Greene Enterprises, average variable cost (AVC) reaches its minimum value at ________.
A. $43.33 B. $39.64 C. $28.00 D. $82.00 E. $31.67
Economics