Money is scarce, but resources are not
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Over the last 50 years, has the ratio of household production to gross domestic product in the United States increased or decreased? Consider the effect of the increased number of women working outside the home, and the effect of advances in
technology in household production such as microwaves, coffee makers, power tools, etc.
Economics
In the Keynesian model, changes in the money supply cause changes in
A) saving. B) investment. C) government spending. D) aggregate supply.
Economics