The demand for heating oil in the short run is more elastic than the long run demand for heating oil
Indicate whether the statement is true or false
FALSE
Economics
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Which of the following lowers the equilibrium price of a canoe?
A) an increase in the supply of canoes B) an increase in the demand for canoes C) an increase in the quantity of canoes supplied D) a decrease in the supply of canoes E) Both answers A and B are correct.
Economics
In order to work well, fiscal policy must be all of the following EXCEPT:
A. targeted. B. timely. C. tax-related. D. temporary.
Economics