QUESTION 2 The situation in which the average of all prices of products is rising is called inflation. True False The hi
Posted: Wed Jul 06, 2022 6:17 pm
QUESTION 2
The situation in which the average of all prices of products isrising is called inflation.
True
False
The higher the price of a good or service, the greater theamount a producer is willing to supply.
True
False
When Congress passes a law to raise individual tax rates, it iscreating fiscal policy. True/ False
As a factor of production, capital includes money.
True
False
At the equilibrium point, quantity demanded equals quantitysupplied.
True
False
The situation in which the average of all prices of products isrising is called inflation.
True
False
The higher the price of a good or service, the greater theamount a producer is willing to supply.
True
False
When Congress passes a law to raise individual tax rates, it iscreating fiscal policy. True/ False
As a factor of production, capital includes money.
True
False
At the equilibrium point, quantity demanded equals quantitysupplied.
True
False