According to the law of supply, the higher the price,
a. the more consumers are willing to pay.
b. the larger the quantity produced.
c. the smaller the quantity produced.
d. the more the availability of a good is reduced.

Why did friedrich hayek call expansionary spending dangerous? o he felt it could lower the money supply and cause deflation. o he felt it could lead to inflation and poor decisions by consumers. o he felt it could lead to deflation and poor decisions by consumers. o he felt it could lower available credit and cause a drop in prices.

"people are the greatest resource that a country has". justify.

Which of the following is not critical in decision making? a. taking action independentlyb. considering internal factorsc. considering external factorsd. considering decision consequences