A market economy provides solutions to almost all social ills such as poverty and environmental damage
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
In the labor market, adjustments to changes in supply and demand
A) usually occur instantly. B) usually take time to occur. C) do not apply, since the labor market does not respond to supply and demand forces. D) do not apply, since wages in the labor market always go up.
Economics
An increase in labor's productivity will cause the SRAS curve to shift __________ and the price level to __________
A) leftward; increase B) rightward; decrease C) rightward; increase D) leftward; decrease
Economics