The owners of private property will
What will be an ideal response?
use their property in ways that others value because the market will generally reward them
with profits (or a higher selling price) if they do so.
Economics
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If movies are an inferior good, movie attendance will rise when consumer incomes fall
a. True b. False Indicate whether the statement is true or false
Economics
When General Dwight D. Eisenhower ran for the presidency for the first time, he said he would
A. end the recession and end inflation. B. end the recession and end the Korean War. C. end inflation and end the Korean War. D. end the recession, the Korean War, and inflation.
Economics