The earnings of a resource include both opportunity cost and economic rent, if the supply curve of a resource is downward sloping

Indicate whether the statement is true or false

false

Economics

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Higher employment taxes lead to lower levels of employment

Indicate whether the statement is true or false

Economics

As the price level ________, the purchasing power of money ________

A) decreases; stays the same B) increases; decreases C) decreases; decreases D) increases; increases

Economics