Excess supply in an unregulated market will cause the price of a product to fall

Indicate whether the statement is true or false


TRUE

Economics

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Explain how the aggregate demand curve is related to the C + I + G + X curve

What will be an ideal response?

Economics

In economics, tangible merchandise is referred to as

A) invention. B) human capital. C) goods. D) services.

Economics

Unemployment or underemployment is shown by a point located inside the production possibilities curve

Indicate whether the statement is true or false

Economics

What would be the likely result of a recessionary gap? If this leads to a fall in the nominal wage what impact it would have on the aggregate supply curve and on recessionary gap?

Economics