During the Great Depression, the U.S. was not firmly tied to the world economy

Indicate whether the statement is true or false

False

Economics

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In the figure above

A) moving from point a to point b would require new technology. B) production at point b is efficient whereas production at point a is not efficient. C) some resources must be unemployed at point c. D) opportunity costs are decreasing.

Economics

Computers and software programs are

a. inferior goods b. complementary goods c. goods with a cross-price elasticity of demand of 0 d. substitute goods e. perfectly elastic goods

Economics