a centrally planned economy is also called a market economy:true or face a

a centrally planned economy is also called a market economy:

true or face

a

college student faces no opportunity cost if her parents pay her college tuition and her living expenses:

true or false

the production possibilities curve is immovable, meaning it is fixed regardless of the availability of resources:

true or false

a microeconomic model must be much smaller in size than a macroeconomic model:

true or false

a mixed system is an economy with only private industries:

true or false

a model gives the most realistic description of the real world:

true or false

a change in the quantity supplied is reflected by a shift of the supply curve:

true or false

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