The construction of demand and supply curves assumes that the primary variable influencing decisions to produce and purchase goods is:

The textbook refers to the following quotation from a Federal Reserve publication:

"Trade is a win-win situation for all countries that participate." But many firms and workers oppose free-trade policies and protests against globalization have become a regular occurrence at meetings of the World Trade Organization. If trade is a "win-win" situation, why is there strong opposition to free trade and globalization?

A strong majority of economists support the proposition that the material, not psychological, conditions of the slaves compared favorably with those conditions faced by industrial workers before the Civil War

Indicate whether the statement is true or false