Supply describes how much of something producers:
A. are willing and able to buy under certain circumstances.
B. want to sell under certain circumstances, although they may not be able to.
C. are willing and able to offer for sale at varies prices under given circumstances.
D. want to offer for sale under certain circumstances, although they may not be willing to.
C. are willing and able to offer for sale at varies prices under given circumstances.
You might also like to view...
Monetarists' preference for reduced-form models is based on their belief that
A) reverse causation is a problem. B) structural models may understate money's effect on economic activity. C) money supply changes are always endogenous. D) monetary policy affects only investment spending.
The profits from a U.S.-owned Burger King in France are included in the U.S. ________ and the French ________
A) GDP; GNP B) GDP; GDP C) GNP; GDP D) GNP; GNP