The standard way to measure the effects of debt in an economy is to look at the stock of debt relative to
A) the total budget. B) GDP.
C) total government spending. D) federal tax revenue.
B
Economics
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Average fixed cost can be calculated using any of the formulas below except
A) TFC/Q. B) (TC/Q) - AVC. C) ?(TC - VC)/?Q. D) (TC - VC)/Q.
Economics
The marginal cost will intersect the average variable cost curve
A) when the average variable cost curve is rising. B) where average variable cost curve equals price. C) at the minimum point of the average variable cost curve. D) The two will never intersect.
Economics