Taxes on capital gains and interest decline as inflation rates increase.

Answer the following statement true (T) or false (F)

False

Economics

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The United States has an absolute advantage in producing sugar over all of the other sugar producing countries. Does this fact mean that we should not import any sugar from the other countries?

What will be an ideal response?

Economics

Based on the cost data in the above table, the long-run average cost (LRAC) is lowest when output is

A) 20. B) 40. C) 80. D) Long-run average cost is constant at all levels of output.

Economics