The Minimum Denomination of T-Bills You Can Buy Is

question 37

Multiple Choice

The minimum denomination of T-bills you can buy is:

• A) $100.
• B) $500.
• C) $1,000.
• D) $2,000.
• E) none of these.

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Definitions:

Output Units

The quantity of goods or services produced, measured in units, which can refer to individual items, batches, or specific measures of output.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain at a constant.

Average Total Costs

The cost of producing each unit, calculated by dividing the overall production expense by the number of units produced.