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The evidence on the supply curve of financial capital is controversial, however at least in the short run, the elasticity of savings with respect to the interest rate appears to be __________.
a. elastic
b. inelastic
c. perfectly elastic
Does "Hungry Jack" have a dominant strategy and does "Aunt Jemima" have a dominant strategy - What is the marginal revenue in each submarket?
Frederic Bastiat (1801 - 1850) was a French political economist famous for exploding popular economic misconceptions
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