A consumer purchases just two goods: X and Y. If the price of one good X rises, the consumer buys less of good X and the same amount of good Y
Indicate whether the statement is true or false
F
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_____________ are the glue that holds any business together, refers to a series of events or activities that take place in a specific time and space, also applies to families with shared commitment over time
a. Metro neighbors b. Value chains c. Traditional tasks d. Triad aims
One possible result of a fall in aggregate demand coupled with a stable short-run aggregate supply is
A) a recession. B) an increase in employment levels. C) an economic expansion. D) a rise in the stock market.
The least liquid of the assets listed below is:
a. real estate b. currency. c. traveler's checks. d. oil. e. checkable deposits.
Federal budget deficits are often increased by supply-side policies because of their reliance on
a. income tax cuts. b. income tax increases. c. increased government spending. d. decreased government spending.