Assume demand is held constant and supply increases. The result is a decrease in the equilibrium price and an increase in the equilibrium quantity of the item bought and sold
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following is a low-income country?
a. Mexico b. Thailand c. Turkey d. Bangladesh
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Of the following, which is the least likely example of an increase in total factor productivity?
A) the introduction of the assembly line B) an increase in immigration C) good weather D) a reduction in the relative price of energy
Economics