Economists believe that the wants of people are infinite.
<h3>What is want in economics?</h3>
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
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Answer:
If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.
Explanation:
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A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public
People who enjoy working with their hands might enjoy a career as a
chef. The correct answer is D. Chefs are cooks, as you are well-aware,
which means that they use their hands to prepare food. They are
constantly using their hands while chopping vegetables, cooking,
preparing dishes, so people who love using their hands as their most
important tool should consider getting a job as a chef.
