The price elasticity of supply of tomatoes on the market day is zero
Indicate whether the statement is true or false
T
Economics
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The price index is the index year with a base price other years are compared when constructing an index. The index equals 100
Indicate whether the statement is true or false
Economics
The basic aggregate demand and aggregate supply curve model helps explain
A) short-term fluctuations in real GDP and the price level. B) long-term growth. C) price fluctuations in an individual market. D) output fluctuations in an individual market.
Economics