Government expenditures are considered autonomous in the model meaning that changes are the result of:
A) changes in real income.
B) changes in inflation.
C) changes in unemployment.
D) changes in policy decisions.
D
Economics
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Voluntary trade promotes economic progress because it
A) moves goods, services and resources from people who value them more to individuals who value them less. B) benefits buyers at the expense of sellers. C) encourages individuals to become self-sufficient. D) makes larger outputs possible as a result of specialization.
Economics
The tendency of people to be unwilling to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it.
What will be an ideal response?
Economics