Workers earn less than half of the income generated by the production process.

Answer the following statement true (T) or false (F)

False

Economics

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Which of the following statement is FALSE?

A. A market may be composed of only one buyer and one seller. B. Perfectly competitive markets are composed of many buyers and sellers. C. Some markets may have only a few sellers but exhibit the properties of perfect competition. D. All of the above statements are correct.

Economics

When the Fed conducts open market operations, it buys and sells:

a. stocks. b. government securities. c. foreign currency d. gold.

Economics