Most people who live in market-oriented economies would
a. oppose trying to block better products that lower the cost of services.
b. support trying to block better products that lower the cost of services.
c. oppose trying to block better products that lower the cost of labor.
d. support trying to block better products that lower the cost of labor.
a. oppose trying to block better products that lower the cost of services.
You might also like to view...
Indifference curves do not cross because if you prefer steak over salmon and salmon over chicken then you also prefer
A. chicken over steak. B. steak over chicken. C. steak over salmon. D. chicken over salmon.
When part of a bank loan does not return to the banking system but rather remains outside the banking system as currency, then the money multiplier ________ in size and the amount of money created by an open market operation ________
A) increases; decreases B) does not change; increases C) decreases; decreases D) increases; increases E) decreases; does not change
Expansionary fiscal policy increases the level of aggregate demand through either increases in government ____________ or reductions in taxes.
a. spending b. salaries c. taxation d. involvement
An industry can be defined as
a. the group of all firms that sell a product. b. any company that produces and sells something. c. the set of buyers of a particular good or service. d. the top companies that sell something.