A set of ideas about the economy that have been organized in a logical framework is called
A) empirical analysis.
B) a methodology.
C) economic theory.
D) data development.
C
Economics
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Expansionary fiscal policy falls short of its goal. Some economists claim it is due to indirect crowding out. What evidence would be consistent with this claim?
A) The interest rate increased. B) The price level decreased. C) Saving decreased. D) An increase in consumer spending occurred.
Economics
Credit cards are NOT a part of the M1 or M2 money supply
Indicate whether the statement is true or false
Economics