Relative Price Changes Are a Desirable and Essential Ingredient of the Market

question 50

True/False

Relative price changes are a desirable and essential ingredient of the market mechanism.
Relative prices changes when there is a change in relative scarcity.

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The process by which proposed laws, appointments, and other measures are formally agreed upon or sanctioned by the U.S. Congress, which consists of the Senate and the House of Representatives.

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Richard Nixon

The 37th President of the United States, whose tenure is marked by significant foreign diplomacy and the Watergate scandal leading to his resignation.

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