The central bank should increase the nation's money supply. The increase in the nation's money supply helped push the nation's unemployment rate down in the short run. Ford Motor Company's new advertising campaign ended up hurting General Motors' sales. The local government ought to spend more on recreational facilities. Positive economics deals with a.
Variables are a. magnitudes that are constant or fixed.
The difference between an economic good and a free good is that free goods a. are provided by the federal government. If variable X goes down as variable Y goes down, the X and Y are a. directly related. The concept that relates how much one variable changes as another variable changes is a. slope. Capital includes such things as a. money. As more cars are produced, the opportunity cost of each additional car is greater than for the preceding unit.