In which of the following decades was there both high inflation and rapid money supply growth in the US?
a. the 1970's and the 1990's
b. the 1970's but not the 1990's
c. the 1990's but not the 1970's
d. neither the 1970's nor the 1990's
b
Economics
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Economics is best defined as the study of how individuals decide to use limited resources in an attempt to satisfy unlimited wants
a. True b. False
Economics
If Happy Nails and Luxury Nails are two competing nail salons and Happy Nails wants to make a threat to Luxury Nails more credible, they can do all of the following except which one?
A) take action to lower the firm's costs B) make Luxury Nails aware of Happy Nails' plans C) keep Luxury Nails in the dark regarding Happy Nails' plans D) take action to increase the firm's capacity
Economics