All of the following statements about thinking at the margin are TRUE except:
A.
It often lea...
Social Studies, 09.06.2021 16:00 Meluuu
All of the following statements about thinking at the margin are TRUE except:
A.
It often leads to better decision making.
B.
It is a common form of economic thinking.
C.
It promotes hasty decision making and poor decisions.
D.
It involves adding and subtracting units one at a time to analyze the consequences and costs.
Answers: 3
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What does it signify if point 1 shifts down and to the right? a. the price level and the real gdp are falling. b. the real gdp is falling, and supply is increasing. c. the price level is rising, and production is increasing. d. the price level is falling, and demand and the real gdp are rising.
Answers: 1
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