One benefit of U.S. society that encouraged entrepreneurship was the inflow of capable immigrants
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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How would economists interpret the following facts? Fact: Over the past two decades the relative price of new textbooks has risen dramatically. Another fact: Record numbers of new textbooks have been purchased by students over the past two decades
A) The law of demand has been violated. B) The law of supply has been violated. C) The supply and demand process in new textbooks hasn't worked correctly. D) The demand for textbooks has increased. E) The facts aren't true.
Economics
Refer to above Table 2-2. The chain-weighted real GDP for year 2 is
A) $14.53. B) $14.49. C) $14.44. D) $16.61.
Economics