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The Resource Market Is Important from a Macroeconomic Perspective Because

Question 163

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The resource market is important from a macroeconomic perspective because


A) it coordinates the allocation of productive resources and determines the costs of production.
B) it determines the interest rates faced by borrowers and lenders.
C) inflation rates are set in the resource market by the government.
D) resource prices determine the position of the long-run aggregate supply curve.

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