Inflation is impossible in a commodity money system
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
There is a surplus in a market for a product when
A. demand is less than supply. B. quantity demanded is less than quantity supplied. C. the current price is lower than the equilibrium price. D. quantity demanded is greater than quantity supplied.
Economics
Per capita output would be certain to increase if:
A. real output decreases and population increases. B. both real output and population increase. C. both real output and population decrease. D. real output increases and population decreases.
Economics