The restricted opportunity cause of poverty is due to government destroying incentives

Indicate whether the statement is true or false

F

Economics

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What happens to a monopolistically competitive firm that begins to change an excessive price for its product?

a) The firm will go out of business b) Consumers will substitue a rival's product c) Consumers will boycott the product d) The government will regulate the price

Economics

Institution that is established to benefit society and is operated like a business:

a. trade association b. nonprofit organization c. producer cooperative d. limited partnership

Economics