A family-owned business is likely to have a higher degree of control over management decisions than a corporation
Indicate whether the statement is true or false
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Economics
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How does the idea of efficient markets influence the long-run market adjustment mechanism?
What will be an ideal response?
Economics
If an economy's population grows at 3 percent and GDP grows at 4 percent, then:
a. per capita real GDP is declining. b. the economy's standard of living is decreasing. c. per capita real GDP is negative. d. per capita real GDP is growing. e. the economy is experiencing unemployment.
Economics
Crowding out suggests that debt promotes overconsumption
Indicate whether the statement is true or false
Economics
Other things the same, what happens to the price level and the quantity of output when the short run aggregate supply curve shifts to the right?
Economics