Economists often find it worthwhile to make assumptions that do not necessarily describe the real world
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The___________is the principle that suppliers will normally offer more for sale at higher prices than lower prices.
a. law of supply b. law of demand c. law of inputs d. law of price
Economics
The WTO functions as:
A. The enforcer of trade rules for the world. B. An international informant on terrorism. C. An international weapons inspector. D. The international authority on currency exchange.
Economics