The debt held by the people themselves neither adds to nor subtracts from national production or consumption. That neutrality, however, doesn't rule out complications
Indicate whether the statement is true or false
T
Economics
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When is a price ceiling ineffective?
What will be an ideal response?
Economics
The amount of a product that people are willing and able to purchase at a specific price is referred to as the:
a. demand. b. quantity demanded. c. law of demand. d. consumption function. e. purchasing power.
Economics
What is Calvin’s opportunity cost to produce 3/4 pound of food?
a. 1/2 yard of cloth
b. 1 yards of cloth
c. 1-1/2 yards of cloth
d. 2 yards of cloth
Economics
In an open economy, which of the following will cause an increase in the size of the multiplier?
A) a reduction in the marginal propensity to import B) a reduction foreign output C) an increase in the marginal propensity to save D) all of the above E) none of the above
Economics