Internal and external economies positively contributed to U.S. industrialization

Indicate whether the statement is true or false

True

Economics

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Consider the budget line in the above figure. If the consumer has income of $240, what is the relative price of movies?

A) .42 books B) 2.4 books C) $10 per movie D) $24 per movie

Economics

In the quantity theory of money:

a. the price level is a function of the supply of money. b. the supply of money is a function of the price level. c. the money supply and the price level are inversely related. d. the money supply is controlled by the government.

Economics