Population growth generally
What will be an ideal response?
encourages technological progress that increases economic growth.
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Rational choice
A) is a choice that uses the available resources to best achieve the objective of the person making the choice. B) is always efficient. C) is what you must give up to get what you want. D) is made by comparing different incentives. E) provides the answer to only the "how" question.
If house purchases and renting an apartment are substitutes, then an increase in the price of a new house results in a rise in the rent charged for apartments
Indicate whether the statement is true or false
Explain how consumer surplus, economic profit, and output change when a monopoly perfectly price discriminates
What will be an ideal response?
The FDIC was created in
A) 1863. B) 1913. C) 1934. D) 1991.