We can experience a shortage of any good or service if
A) the price of using it is too high.
B) the price of using it is too low.
C) people demand more than they need.
D) if people need more than they demand.
B
Economics
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Deficit spending will not cause much inflation if the economy is operating near full employment
a. True b. False Indicate whether the statement is true or false
Economics
In Table 9.2, Market 3 would be in equilibrium if buyers believed plums account for:
A. 30% of the market. B. 40% of the market. C. 50% of the market. D. 60% of the market.
Economics