Gold is
a. not a resource in the economy
b. an example of a renewable resource for the economy
c. an example of a nonrenewable resource for the economy
d. part of the capital resources of the economy
e. part of the entrepreneurial resources of the economy
C
Economics
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During periods of high inflation, people want to hold as much money as possible
a. True b. False Indicate whether the statement is true or false
Economics
Unintended changes in inventories:
A. cause the economy to move away from the equilibrium GDP. B. are treated as components of consumption. C. bring actual investment and saving into equality only at the equilibrium level of GDP. D. bring actual investment and saving into equality at all levels of GDP.
Economics