Individuals face scarcity; whole societies do not

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

False

Economics

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If the Chinese currency devalues compared to the US dollar, then

a. US producers will benefit; Chinese consumers will benefit b. US producers will benefit; Chinese consumers will hurt c. US producers will hurt; Chinese consumers will benefit d. US producers will hurt; Chinese consumers will hurt

Economics

Government action can usually perfectly correct the market’s shortcomings.

Answer the following statement true (T) or false (F)

Economics