Supply can shift due to changes in price
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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In the above figure, in order to promote an efficient allocation of resources, the government could grant a subsidy equal to
A) zero. B) $5 per unit. C) $10 per unit. D) $15 per unit.
Economics
In the simple Keynesian framework, the price level
A) is fixed. B) varies directly with unemployment. C) varies inversely with wages. D) is indeterminate.
Economics
The price of one currency in terms off another currency is called
A) foreign reserves. B) the foreign exchange rate. C) the foreign trade deficit. D) the balance of payments.
Economics
Retirees are included in the Bureau of Labor Statistics' "not in the labor force" category
a. True b. False Indicate whether the statement is true or false
Economics