State banks failed to find a way to print money under the Constitution
Indicate whether the statement is true or false
False
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In the above figure, if aggregate demand does not change, the short-run equilibrium will
A) eventually adjust to a long-run equilibrium with a higher price level. B) not adjust on its own. C) eventually adjust to a long-run equilibrium with a lower price level. D) None of the above answers are correct.
Which of the following is not a characteristic of most less-developed countries?
a. Inadequate human capital. b. Inadequate capital goods. c. High population growth rate. d. Inadequate water supplies. e. High productivity.
Total consumption consists entirely of two components: autonomous consumption and income-dependent consumption.
Answer the following statement true (T) or false (F)
The three fundamental questions that any economy must address are
A) What will be the prices of goods and services; how will these goods and services be produced; and who will receive them? B) What goods and services to produce; how will these goods and services be produced; and who receives them? C) Who gets jobs; what wages do workers earn; and who owns what property? D) How much will be saved; what will be produced; and how can these goods and services be fairly distributed?