Economics is the study of decisions made necessary by the problem of unlimited wants and limited means to satisfy them
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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According to the Keynesian view, which of the following would most likely stimulate real output if an economy were in a recession?
a. a decrease in tax rates b. an increase in tax rates c. a reduction in government expenditures d. a budget surplus
Economics
The decision to legally or illegally emigrate from a foreign country to the United States is mainly driven by the potential earning opportunities available in the U.S. economy. Why do earning opportunities play a major role in the decision to migrate?
What will be an ideal response?
Economics