Most economists would agree that "saving jobs" is a valid reason for restricting trade
Indicate whether the statement is true or false
FALSE
Economics
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Checking account balances are included in
A) M1 only. B) M2 only. C) both M1 and M2. D) neither M1 nor M2.
Economics
When accounting profits are positive, economic profits
A) must be positive. B) will be negative. C) will equal zero. D) could be positive, negative or zero.
Economics
Any change in price along a perfectly inelastic demand curve produces:
a. greater change in the quantity demanded. b. less change in the quantity demanded. c. no change in the quantity demanded. d. infinite change in the quantity demanded.
Economics
If the Fed chooses a money supply target, then the interest rate may vary if money demand shifts
Indicate whether the statement is true or false
Economics