Which of the following is an example of government influence on supply?

a) law of supply
b) subsides
c) marginal costs
d) market supply curve

Ans: b) subsides

Economics

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The payment received by suppliers of entrepreneurial skills is called rent

Indicate whether the statement is true or false

Economics

Which of the following periods was not characterized by inflation in the U.S. economic history?

a. 1917–1920 b. 1929–1933 c. 1947 d. 1978–1980 e. 1980–1989

Economics