In a market system, the working of the price system only results in the distribution of income.
Answer the following statement true (T) or false (F)
False
Economics
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Which of the following is inherent in the classical view of a self-adjusting economy?
A. Flexible prices and wages B. Inflexible prices and wages C. Instability D. Economic growth dependent on Innovation Theory E. Government spending to stimulate aggregate demand
Economics
The negative effect of having more potential volunteers resulting in a reduced likelihood of a beneficial outcome is known as the
A) diffusion effect. B) externalizing effect. C) group dynamic effect. D) size effect.
Economics