________ are the things that are used to produce items that satisfy people's wants
A) Concepts
B) Production possibilities curves
C) Resources
D) Costs
Answer: C
Economics
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Everything else held constant, when the government has higher budget deficits
A) the demand curve for bonds shifts to the left and the interest rate rises. B) the demand curve for bonds shifts to the left and the interest rate falls. C) the supply curve for bonds shifts to the right and the interest rate falls. D) the supply curve for bonds shifts to the right and the interest rate rises.
Economics
The devaluation of a currency develops once ________
A) an increase in the value of a country's currency develops B) a monetary authority runs out of international reserves C) the level of domestic income falls D) an increase in the domestic price level develops
Economics