Economics is the study of people making choices faced with the problem of unlimited wants and limited resources
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Explain why economists abandoned the Humphrey-Hawkins Act of 1978 as target policy
Economics
If the U.S. government repaid its multitrillion debt by printing (i.e., creating) new money, the effect would be to:
a. Lower nominal interest rates. b. Increase aggregate demand, reduce unemployment, and reduce the nation's price level. c. Increase the real risk-free interest rate. d. Wildly inflate prices.
Economics