Goods are distributed among people by means of:
a. a central authority
b. prices
c. markets
d. all of these
d
Economics
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U.S Postal Service spending is generally not included in total government expenditures
a. True b. False
Economics
If we observe an increase in real GDP and an increase in the price level after an increase in aggregate demand, we can conclude that
A) the aggregate supply curve is upward sloping. B) the aggregate supply curve is horizontal. C) the aggregate supply curve is vertical. D) the economy is now at full employment.
Economics