Undesired inventory depletion results in demand-pull inflation.
Answer the following statement true (T) or false (F)
True
Since spending exceeds production, inventory levels fall, which leads to an increase in production with the trade-off of higher inflation.
Economics
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If the Shell and Mobil oil companies merge, what is this called?
a. concentration merger b. diversified merger c. horizontal merger d. vertical merger e. conglomerate merger
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Economic rent applies to
A) land only and nothing else. B) real property only. C) all resources. D) any resource in fixed supply.
Economics