For the price in a market to remain the same, while the quantity traded fell, both supply and demand would have to shift to the left
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What is TRUE when the credit market is in equilibrium?
A) The legal minimum wage equals the actual wage. B) Desired saving equals desired investment. C) Desired employment equals the number of jobs available. D) Desired consumption spending equals the total of saving plus investment.
Economics
Empiricism refers to the process of:
A) making choices using values and beliefs. B) measuring variables. C) testing ideas using data. D) collecting and organizing data.
Economics