The positive view of advertising suggests that it contributes to economic efficiency in the economy.
Answer the following statement true (T) or false (F)
True
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To lower the federal funds rate, the Fed conducts an open market ________ of securities which ________
A) purchase; increases the demand for reserves B) sale; increases the supply of reserves C) purchase; decreases the demand for reserves D) sale; increases the demand for reserves E) None of the above answers is correct.
In the short run, wages are assumed to be: a. constant
b. sticky. c. inflexible. d. all of the above are true.
A monopolist will always enlarge its revenues by selling more output
a. True. b. False.
If what producers intend to produce for consumption is precisely what consumers intend to consume, then the economy will be in equilibrium
Indicate whether the statement is true or false