Will scarce goods necessarily be rationed in some manner?
A) Not if people agree to share them equitably
B) Not if there is enough for everyone to have what they need
C) Not if their prices are free to rise
D) Not if they are privately owned
E) Yes
E
Economics
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A feature of debt markets in emerging-market countries is that debt contracts are typically
A) very short term. B) long term. C) intermediate term. D) perpetual.
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The opportunity cost of working is the amount of leisure time that must be given up in order to work.
Answer the following statement true (T) or false (F)
Economics