Goods that are rival in consumption and excludable are:
A. a common resource.
B. a private good.
C. a public good.
D. an artificially scarce good.
B. a private good.
Economics
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What types of unemployment will still exist when the economy is at the natural rate of unemployment?
A) frictional, structural, and cyclical unemployment B) frictional and cyclical unemployment only C) frictional and structural unemployment only D) structural and cyclical unemployment only
Economics
What is a centrally planned economy?
What will be an ideal response?
Economics