In the early 1980s many farmers, caught between falling farm prices and rising costs, went bankrupt and defaulted on their bank loans
Indicate whether the statement is true or false
T
Economics
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Suppose output is $35 billion, government purchases are $10 billion, desired consumption is $15 billion, and net exports are $4 billion. Then desired investment equals
A) $2 billion. B) $4 billion. C) $6 billion. D) $8 billion.
Economics
Why are demand curves downward sloping?
What will be an ideal response?
Economics