In markets free from intervention, prices tend to move towards equilibrium because of
A) the "helping hand" of government.
B) increased demand from buyers.
C) increased supply by sellers.
D) the unintended consequences of choices among buyers and sellers pursuing their own plans.
D
Economics
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Anything owed by a person or a firm is
A) an asset. B) a liability. C) a bond. D) equity.
Economics
If a positive externality is caused by producers, a Pigouvian subsidy would have to be given to producers; and if a positive externality is caused by consumers, a Pigouvian subsidy would have to given to consumers.
Answer the following statement true (T) or false (F)
Economics