Economists use the mechanism of supply and demand to study
A. inflation.
B. unemployment.
C. environmental protection.
D. All of these responses are correct.
Answer: A
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In a corporation, what are "inside directors" and "outside directors"?
What will be an ideal response?
Government may intervene in markets
a. to regulate firms like public utilities. b. directly, like creating a public service like the delivery of mail. c. indirectly, like planning an d funding multipurpose water projects that provide electricity, flood control and irrigation . d. All of the above are ways government may intervene in markets.
If you'd "walk a mile for a Camel cigarette," your elasticity of demand for Camels is ___________.
Fill in the blank(s) with the appropriate word(s).
Bankers’ decisions on how much to hold in reserves influence the supply of money.
Answer the following statement true (T) or false (F)