A black market may arise when government imposes a price ceiling
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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A country producing a combination of 9 units of guns and 6 units of butter would be _____________ (outside/on/inside) the production possibilities curve.
Economics
Which would be one of the factors that increase aggregate demand?
A. An increase in consumer wealth. B. An increase in the productivity of labor. C. An increase in personal income tax rates. D. An increase in real interest rates.
Economics