The 2008 financial crisis peaked in September 2008, when Lehman Brothers declared bankruptcy
a. True
b. False
A
Economics
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Unlike colonial America, there are no government restrictions on business activities and practices today
Indicate whether the statement is true or false
Economics
Statistical correlation always implies causation
a. True b. False Indicate whether the statement is true or false
Economics
Based on this consumer surplus graph, how many full glasses of iced tea can Emily buy and receive a consumer surplus?
a. one
b. two
c. three
d. four
Economics
The comment that "the minimum wage should be raised to give working people in this country a fair wage" is an example of:
a. A normative economic statement b. The fallacy of composition c. A positive economic statement d. The after this, therefore because of this, fallacy
Economics