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true or false The consumer sector is the largest part of the macroeconomy.
True. The consumer sector is the largest part of the macroeconomy.
Expert answered|migzptz|Points 7292|
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Asked 1/16/2013 10:20:24 AM
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The Quantity Theory states that inflation a. occurs when demand for goods and services exceeds existing supply. b. is caused by too much money in the economy. c. occurs when producers raise prices to meet increased costs. d. is a result of the rise in wages due to a rise in prices.
Weegy: The most appropriate answer is, A. occurs when demand for goods and services exceeds existing supply. The Quantity Theory states that inflation occurs when demand for goods and services exceeds existing supply. (More)
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