The concept that explains the firm's ability to produce output with differing bundles of resources is called
a. Resource heterogeneity
b. Resource immobility
c. Barriers to entry
d. Imitability
a
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The concept that producing goods and services generates the means and the willingness to purchase other goods and services is
A) the Keynesian approach. B) money illusion. C) Say's law. D) cost-push inflation.
________ are money-like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them.
A. Official domestic assets B. Official international reserve assets C. Unofficial international assets D. Unofficial reserve assets
What is a banking panic, and what role did banking panics play in the decision by Congress to establish the Federal Reserve?
What will be an ideal response?
Interest rates and investment are actually observed to move most of time in ________, and this is explained by other factors affecting investment shifting the ________ curve to the right
A) the same direction, IS B) the same direction, LM C) opposite directions, IS D) opposite directions, LM