People benefit by participating in the market because

The dollar value of output for an economy must always equal…

Inflation ________________ the purchasing power of money.

The dollar value of output for an economy must always equal…

According to the law of increasing opportunity costs,

Sam works on an assembly line at a car factory. When Sam is…

Full employment means everyone in the labor force has a job.

Sam works on an assembly line at a car factory. When Sam is…

Per capita GDP will rise if GDP

Choose the letter of the curve in Figure 1.2 that best repre…