When you are able to supply others with goods and services they value highly relative to your opportunity costs,
What will be an ideal response?
both you and those with whom you trade will gain.
Economics
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Which of the following is NOT a characteristic that makes information useful?
a. It is reliable b. It is timely. c. It is inexpensive. d. It is relevant.a
Economics
During the Great Depression, the unemployment rate for the United States peaked at approximately
A) 10%. B) 70%. C) 45%. D) 25%.
Economics
When the Fed is targeting the money supply, it has complete control over the interest rate
a. True b. False Indicate whether the statement is true or false
Economics
An example of a natural resource is:
A. Bill Gates' revolutionary iPod. B. Farmer Joe's farm fields. C. Michael Jordan's athletic ability. D. All of these are examples of natural resources.
Economics