Capitalism is based on all of the following except
A. the "invisible hand".
B. the price mechanism.
C. trust.
D. equity.
D. equity.
Economics
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Explain the process by which the banking system creates money
What will be an ideal response?
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The magnitude of the impact taxes have on job-search effort is:
A. inconclusive. B. hugely negative. C. slightly positive. D. slightly negative.
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A change in input prices will change the location of the budget line
a. True b. False Indicate whether the statement is true or false
Economics
The presence of large sunk costs often serves as a naturally imposed barrier to entry
a. True b. False Indicate whether the statement is true or false
Economics