A free good is different from a scarce good because it is:
A) not tradable.
B) not produced.
C) not scarce.
D) found only in nature.
Ans: C) not scarce.
Economics
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Government picking winners
A) is the market model. B) is the central planning model. C) can be done with really good data. D) none of these choices.
Economics
Inflation can be thought of as:
A. an increase in the price of money. B. a decrease in the price of money. C. no change in the price of money, just in the demand for money. D. no change in the price of money, just in the supply of money.
Economics