Your textbook uses supply and demand curves together to illustrate
A) the level of output needed by individuals.
B) the level of output needed by society.
C) how economists are necessary to make markets to work effectively.
D) how market prices play a key role in coordinating the plans of sellers and buyers.
E) all of the above.
D
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According to the theory of the political business cycle, the fed expands the money supply before presidential elections to stimulate the economy and favor the incumbent administration
a. True b. False Indicate whether the statement is true or false
When Fed policy is being used to offset a contractionary gap, which of interest rates, investment, net exports and aggregate demand moves in the opposite direction from the others? a. Interest rates
b. Investment. c. Net Exports. d. Aggregate demand..
Suppose there is a market in which the firms hold the following market shares: 25%, 20%, 18%, 15%, 8%, 7%, 4%, 2%, 1%. What is the concentration ratio for this market?
Which of the following types of interest rates change daily?
A. the prime rate B. the federal funds rate C. the corporate rate D. the discount rate