Often people trying to withdraw money from their bank must wait in line, which reflects a ________ allocation method

A) first-come, first-served
B) market price
C) contest
D) command

A

Economics

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A decline in money supply will lead to a(n) ________ if nominal wages are rigid

A) increase in labor demand B) fall in real wages C) fall in labor demand D) increase in real output

Economics

Which term means "making decisions based on what you believe is the best combination of costs and benefits?"

a. economizing b. impulse spending c. cutting back d. motivating

Economics