____________________: Producing right mix of goods

Fill in the blank(s) with the appropriate word(s).

Answer: Allocative efficiency

Economics

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The O-ring theory places emphasis on

a. education of the labor force. b. skill complementarities. c. purchases of machinery and equipment by firms. d. none of the above.

Economics

The business cycle refers to fluctuations in economic activity such as employment and production

a. True b. False Indicate whether the statement is true or false

Economics