Say's law states that
A) demand creates its own supply.
B) the more supply there is, the lower prices are.
C) supply creates supply.
D) supply creates its own demand.
E) none of the above
D
Economics
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Positive economic analysis is supposed to be
A) true. B) free of value judgments. C) just and fair. D) moral and honest.
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An increase in the cost of acquiring human capital will shift the labor supply curve to the left; eventually, this will tend to increase the equilibrium wage rate
a. True b. False
Economics