Under a market system, the people with information about buyers' desires, production technology and resources make the decisions
Indicate whether the statement is true or false
TRUE
Economics
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What is a Lorenz curve and what is a Gini coefficient?
. What will be an ideal response?
Economics
If the demand for money increases and the Fed wants interest rates to remain unchanged, which of the following would be appropriate policy?
A. Recall Federal Reserve notes from circulation. B. Buy bonds in the open market. C. Raise the discount rate. D. Raise the legal reserve requirement.
Economics