Free markets coordinate economic activity in such a way a unemployment. O True O False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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B2
Free markets coordinate economic activity in such a way as to eliminate the possibility of inflation or
unemployment.
O True
O False
The expenditure schedule includes the consumption function.
O True
O False
When incomes rises, total expenditure remains constant.
True
O False
Transcribed Image Text:Free markets coordinate economic activity in such a way as to eliminate the possibility of inflation or unemployment. O True O False The expenditure schedule includes the consumption function. O True O False When incomes rises, total expenditure remains constant. True O False
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