Which of the following is not subject to scarcity?

a. water
b. steel
c. diamonds
d. none of the above

d

Economics

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In the long-run, what happens to the aggregate price level when the Federal Reserve decreases the money supply?

a) The aggregate price level falls. b) The aggregate price level rises. c) The aggregate price level rises and then falls. d) The aggregate price level does not change.

Economics

Poor health in developing countries encourages economic growth because working is a matter of life and death

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

Economics