Floods in the Midwest that diminish farm output would shift the aggregate supply curve outward
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The level of output at which all economies of scale have been exhausted is known as
A) constant returns to scale. B) optimal economic size. C) minimum efficient scale. D) the economically efficient output level.
Economics
The primary indicator of the Fed's stance on monetary policy is
A) the discount rate. B) the federal funds rate. C) the growth rate of the monetary base. D) the growth rate of M2.
Economics