Even though prices may change frequently, they can be expected to gravitate toward equilibrium
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If unplanned inventory changes are positive, what is the relationship between aggregate planned expenditure and real GDP?
What will be an ideal response?
Economics
The opportunity cost of holding money is the
A) nominal interest rate on assets other than money. B) price of goods and services. C) level of wage and rental income. D) ease with which an asset can be converted into a means of payment.
Economics