Figure 3-18

Investment, a key component of aggregate demand, can cause recessions and booms based on fluctuations in its levels

Indicate whether the statement is true or false

In the economic way of thinking, "outsourcing" is another application of

A) the entrepreneurial attempt to buy low, and sell high. B) voluntary exchange. C) the coordination of plans across different regions. D) the discovery of people's comparative advantage. E) all of the above.