"Peak pricing" can often improve economic efficiency

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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An example of a positive statement is:

A) The rate of unemployment should be 4 percent. B) A high rate of economic growth is good for the country. C) an increase in investment spending tends to reduce unemployment. D) Everyone in the country needs to be covered by national health insurance.

Economics

What is the difference between a market equilibrium and a competitive market equilibrium?

What will be an ideal response?

Economics