A benefit from an increase in activity is called the
A) marginal benefit.
B) economic benefit.
C) total benefit.
D) opportunity benefit.
A
Economics
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At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's gross investment for the year totaled
A) 1 machine. B) 2 machines. C) 3 machines. D) 6 machines.
Economics
The Bretton Woods system was established in 1944 and remained in place until the early 1970s
Indicate whether the statement is true or false
Economics