In the circular flow, an increase in the money supply tends to result when
a. planned I equals planned S.
b. planned I is less than planned S.
c. planned I is greater than planned S.
d. there is a surplus government budget.
c. planned I is greater than planned S.
Economics
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Activities that firms, universities, and governments undertake to increase their knowledge base are referred to as:
A) primary activities. B) research and development (R&D) activities. C) secondary activities. D) tertiary activities.
Economics
When a resource is an open-access resource,
a. each individual in the society owns it b. the group owns it c. no one owns it d. the government owns it e. some nonprofit agency owns it
Economics