Governments establish the laws that regulate the interaction between businesses and households but do not serve as actors in the economy themselves.
Answer the following statement true (T) or false (F)
False
Governments do referee the interaction between households and businesses in the economy, but they also serve as actors by redistributing income and purchasing goods and services.
Economics
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Refer to the scenario above. What will be the future value of the deposit after 2 years?
A) $8,761.20 B) $8,990.40 C) $9,000 D) $9331.20
Economics
If two countries begin trade and both produce a product subject to external economies of scale, then the country with the ________ rate of production will ________ production until it controls ________ of the market
A) higher; increase; 100% B) higher; increase; 50% C) lower; increase; 100% D) lower; increase; 50% E) higher; decrease; 0%
Economics