High opportunity costs go hand in hand with high money costs in a properly functioning economy

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

True

Economics

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"If the currency drain increases, the monetary base decreases." Explain whether the previous statement is correct or incorrect

What will be an ideal response?

Economics

If a firm is to capture all consumer surplus with two-part pricing when customers are different

A) it must be able to charge different access fees. B) it cannot charge different prices for access fees. C) it must set unit price below marginal cost. D) it must set unit price above marginal cost.

Economics