Multiple Choice
Which of the following is a positive statement?
A) When the price of a good goes up,consumers buy less of it.
B) When the price of a good goes up,firms produce more of it.
C) When the Federal government sells bonds,interest rates rise and private investment is reduced.
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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