As the international value of the dollar rises, AS shifts outward and AD shifts inward
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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A normative statement deals with:
A) the facts. B) what was, is, or will be. C) what ought to be. D) the scientific method
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In the above figure, the minimum efficient scale of output is
A) 5,000 pounds of coffee. B) 10,000 pounds of coffee. C) 13,000 pounds of coffee. D) 15,000 pounds of coffee.
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