The processes used to produce goods and services describes

A) technology. B) entrepreneurship. C) capital. D) innovation.

A

Economics

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In the short-run macro model, a decrease in the money supply will

a. lower the interest rate, increase spending, and increase GDP b. lower the interest rate, reduce spending, and lower GDP c. raise the interest rate, increase spending, and increase GDP d. raise the interest rate, reduce spending, and lower GDP e. raise the interest rate, reduce spending, and increase GDP

Economics

Most goods in our economy are allocated in markets, where buyers pay for what they receive and sellers are paid for what they provide

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

Economics