Which of the Following Statements Is True

question 72

Multiple Choice

Which of the following statements is true?

• A) Businesses work in an isolated environment.
• B) The business cycle affects the microeconomic decisions of a ?rm.
• C) Only spending and export growth matter; business con?dence will not help an economy.
• D) A fall in unemployment will decrease domestic demand in an economy.

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Definitions:

Equilibrium Combination

A state in which market supply and demand balance each other, resulting in stable prices and quantities.

Marginal Utility

The change in overall satisfaction derived from the consumption of an additional unit of a good.

Health Care Consumption

Encompasses the use of health care services, goods, and resources by individuals or communities.

Insurance

A financial product that provides protection against potential future losses or damages in exchange for a premium.