When goods are available free of charge, the market forces that normally allocate resources in our economy are absent
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Public franchises create monopolies by restricting
A) demand. B) prices. C) entry. D) profit.
Economics
If the supply of loanable funds decreases,
a. more loanable funds will be made available in the loanable funds market b. the rate of interest will increase c. the rate of interest will decrease d. the demand for loanable funds will increase e. the supply curve will shift to the right
Economics