There has been an unmistakable steady trend toward bigness in business since
A. the Civil War.
B. 1911.
C. the mid-1930s.
D. the late-1990s.
D. the late-1990s.
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When consumption spending is greater than disposable income, we know with certainty that we have
A) dissaving. B) negative net investment. C) excess thrift. D) positive savings.
Money cannot serve as a medium of exchange unless it also serves as a store of value. Is this statement true or false? Explain
What will be an ideal response?
A decrease in the price level in an economy is likely to cause a: a. decrease in the real value of dollar-denominated assets. b. downward shift of the aggregate expenditure line
c. decrease in the equilibrium level of output demanded. d. downward movement along the aggregate demand curve. e. leftward shift of the aggregate demand curve.
Competitive firm can earn economic profits over the long run
Indicate whether the statement is true or false