Capital goods, like factories and machinery, are classified as intermediate goods

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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In the case of national defense protection, ________ is a better policy than protection

A) a production subsidy combined with free trade B) an income tax C) direct government provision of infrastructure D) None of the above is better

Economics

Unrestrained monopolies are criticized because they restrict output and reduce innovation

a. True b. False Indicate whether the statement is true or false

Economics