Input proportions are usually fixed by technological conditions alone
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following statements is correct?
A) The price level does not affect the level of real GDP demanded. B) The lower the price level, the more the aggregate demand curve shifts rightward. C) The lower the price level, the greater the quantity of real GDP demanded. D) The higher the price level, the more the aggregate demand curve shifts rightward. E) The lower the price level, the more the aggregate demand curve shifts leftward.
Economics
A system of nonattenuated (uncompromised) property rights is compatible with the achievement of economic efficiency
Indicate whether the statement is true or false
Economics