An example of third parties in the market of automobiles is

A) a pedestrian that is affected by the polluted air from automobiles.
B) a producer of automobiles.
C) a consumer of automobiles.
D) None of the above belongs to third parties.

A

Economics

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If a coin toss comes up heads five times in a row, on the sixth flip the odds are better that this coin will come up tails

a. True b. False Indicate whether the statement is true or false

Economics

If the working-age population in an economy shrinks, real GDP can still grow if:

A.  Work hours per week decreases, to spread work among more workers B.  Labor productivity increases rapidly enough C.  Consumption by households increase rapidly D.  Spending by firms and the government increases

Economics