If the money supply expands to much it lowers the value of the dollar?
Indicate whether the statement is true or false
Answer: False
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Which of the following statements is true?
A) Job search refers to the activities that workers undertake to find appropriate jobs. B) It is easier to find full-time suitable employment than to find seasonal part-time employment. C) In a competitive market, workers who demand a wage higher than the equilibrium wage rate are likely to get employed faster. D) Job search is normally a month-long process.
Consider the production possibilities frontier displayed in the figure shown. If this society chooses to produce 15 watermelons in can produce no more than:
A. 400 bushels of apples.
B. 300 bushels of apples.
C. 200 bushels of apples.
D. 100 bushels of apples.
The tendency of markets to automatically gravitate toward equilibrium is an application of the:
A. Scarcity Principle. B. Principle of Comparative Advantage. C. Incentive Principle. D. Cost-Benefit Principle.
A good example of an ability-to-pay tax would be ______ tax.
a. sales b. tobacco c. liquor d. federal income