All of the following are examples of explicit cost a firm might incur except

A) taxes owed to the state government.
B) the revenue a firm generates in using its resources.
C) the rental value of the warehouse space the company owns and uses for itself.
D) the out-of-pocket expense to hire employees.

C

Economics

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When the interest rate increases, people will adjust their precautionary demand for money

A) downward or upward depending upon the actual supply of money. B) upward. C) not at all. D) downward.

Economics

________ in the currency drain ________ the money multiplier

A) A decrease; does not change B) An increase; increases C) A decrease; decreases D) An increase; decreases

Economics