A principle is a self-evident truth that most people readily understand and accept
Indicate whether the statement is true or false
TRUE
You might also like to view...
The relationship between industrial capacity percentage and
A. the unemployment rate is indirect. B. the unemployment rate is direct. C. real GDP is indirect. D. nominal GDP is indirect.
You are likely to learn about ________ in your macroeconomics class
A) the price elasticity of demand for a good B) the average revenue and cost curves of a firm C) the Law of Diminishing Marginal Utility D) the annual growth rate of an economy's output
The major advantage of the sole proprietorship is its
a. ability to raise funds. b. lack of distinction between business and owner. c. provision of continuity in the business in case of death. d. flexible management.
The laws of supply and demand force prices to an equilibrium
a. True b. False Indicate whether the statement is true or false