The expansion of governmental direct controls over the economy which characterized the "New Frontier" and "Great Society" programs of the Kennedy-Johnson years was continued and expanded by the Nixon Administration
Indicate whether the statement is true or false
True
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
Assuming that the demand for a good has decreased and the supply of a good has increased by the same amount, then:
a. The change in price is determinate but the change in quantity is indeterminate. b. The change in quantity is determinate but the change in price is indeterminate. c. Neither the change in price nor the change in quantity will be indeterminate. d. Both the change in price and the change in quantity will be indeterminate.
An approach that can be taken by someone directly involved in a transaction to solve the problems caused by information asymmetry is:
A. mandating that information be shared. B. racial discrimination. C. proofing. D. screening.
Give a brief account of each of the following international agreements with respect to the environment. Have each of these agreements been successful?a. The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)b. Montreal Protocolc. Kyoto Protocold. Paris Agreement
What will be an ideal response?