What happens to your purchasing power if inflation is less than you anticipated?

A) It decreases. B) It won't change much.
C) It increases. D) It devalues your net worth.

C

Economics

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The circular flow diagram indicates that

A) households sell the services of factors of production to firms. B) firms buy the services of factors of production from the government. C) households sell goods and services to the government. D) firms buy goods and services from households.

Economics

Technology is defined as

A) new innovations and creations. B) the process of developing and revising models. C) the process of recycling products. D) the processes used to produce goods and services.

Economics