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