We temporarily operated outside the production possibilities frontier for at least two years in which one of the following decades?

A. The 1930s
B. The 1940s
C. The 1970s
D. The 1980s

B. The 1940s

Economics

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Everything else remaining unchanged, what is likely to happen to the credit supply curve of households if:

a. there is a decrease in the real interest rate? b. households expect a recession in near future? What will be an ideal response?

Economics

The fallacy of false cause is committed when a person mistakenly assumes that one event causes another because the first event precedes the second.

a. true b. false

Economics