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  3. Study Set
    Managerial Economics in a Global Economy
  4. Exam
    Exam 2: Demand, Supply, and Equilibrium Analysis
  5. Question
    Commodities Play an Integral Role in Many Production Processes
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Commodities Play an Integral Role in Many Production Processes

Question 28

Question 28

True/False

Commodities play an integral role in many production processes. If the global economy experiences a rapid expansion, then, all else held constant, commodity prices should be expected to increase.

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