In a pure command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are all dictated by the interaction of demand and supply
Indicate whether the statement is true or false.
FALSE
In a pure command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are all planned by the government.
Business
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A declining stock market index due to lower share prices
A) reduces people's wealth and as a result may reduce their willingness to spend. B) increases people's wealth and as a result may increase their willingness to spend. C) decreases the amount of funds that business firms can raise by selling newly issued stock. D) both A and C of the above. E) both B and C of the above.
Business
Each time a company makes a payment on a mortgage interest expense will increase
Indicate whether the statement is true or false
Business