A schedule of how much of a good people will purchase for a range of possible prices during a specified time period, other things constant, is the definition of
A) supply.
B) demand.
C) a purchasing contract.
D) an economic market.
B
Economics
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As spending on government purchases increases, income rises and money demand falls
Indicate whether the statement is true or false
Economics
Unpriced by-products of production or consumption that provide benefits to other consumers or other firms are known as
a. negative externalities b. common pool benefits c. positive externalities d. private benefits e. Coase by-products
Economics