In a persisting demand-pull inflation
A) aggregate demand increases and potential GDP decreases.
B) aggregate demand decreases and aggregate supply decreases.
C) aggregate supply decreases and aggregate demand increases.
D) aggregate supply increases and aggregate demand increases.
E) None of the above answers is correct.
C
Economics
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In a market economy, who or what determines who produces each good and how much is produced?
a. the government b. lawyers c. lotteries d. prices
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PZX Corporation has the opportunity to undertake an investment project that will cost $10,000 today and yield the company $13,310 in 3 years. PZX will forgo the project if the interest rate is higher than 10 percent
a. True b. False Indicate whether the statement is true or false
Economics