Static gains from trade come about because trade causes consumers and producers to face a different set of prices
Indicate whether the statement is true or false
TRUE
Economics
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Government outlays include all of the following EXCEPT
A) dividend payments. B) spending on the military. C) electricity for the Capital Building. D) letterhead stationery.
Economics
Which of the following may result in a higher equilibrium price for a product?
a. Advertising b. Expectations c. Imperfect information d. All of the above answers are true. e. None of the above answers a.-c. are true.
Economics