If planned aggregate expenditure is less than real GDP, some firms will experience unplanned increases in inventories
Indicate whether the statement is true or false
TRUE
Economics
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The argument that a tariff has to be imposed in order to protect any industry just getting started until it gets large enough to be competitive internationally is the
A) start-up industry argument. B) infant industry argument. C) baby industry argument. D) fledgling industry argument.
Economics
The big-push approach to economic development requires little government intervention
Indicate whether the statement is true or false
Economics