When a market is in disequilibrium consumers and producers change their behavior. As a result the market reaches equilibrium
Indicate whether the statement is true or false
True . For example, when a shortage exists at a given price, consumers bid up the price and firms increase production until the equilibrium is reached.
Economics
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The current supervisory practice toward risk management
A) focuses on the quality of a bank's balance sheet. B) determines whether capital requirements have been met. C) evaluates the soundness of a bank's risk-management process. D) focuses on eliminating all risk.
Economics
List and briefly describe the 4 categories of expenditures included in GDP
What will be an ideal response?
Economics