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Author Question: In the long run, the economic profit of a firm in a perfectly competitive market A) will be above ... (Read 102 times)

Alainaaa8

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on: Jun 29, 2018
In the long run, the economic profit of a firm in a perfectly competitive market
 
  A) will be above zero.
  B) will be below zero.
  C) will equal zero.
  D) can be above, below, or equal to zero.

Question 2

If the Fed sells securities to commercial banks, there is no money multiplier effect.
 
  Indicate whether the statement is true or false


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moormoney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Alainaaa8

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nguyenhoanhat

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Reply 3 on: Yesterday
Wow, this really help

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