An increase in the money supply shifts the long-run aggregate supply curve to the right
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Retained earnings are the same thing as "plowback."
a. True b. False Indicate whether the statement is true or false
Which of the following provide benefits to society at large and not just to the person(s) who pursues it?
a. both technological knowledge that is a public good and education b. technological knowledge that is a public good, but not education c. education, but not technological knowledge that is a public good d. neither education, nor technological knowledge that is a public good
Which of the following are effects of an increase in government spending financed by a tax increase?
a. the tax increase reduces consumption; the change in the interest rate reduces residential construction b. the tax increase reduces consumption; the change in the interest rate raises residential construction c. the tax increase raises consumption; the change in the interest rate reduces residential construction d. the tax increase raises consumption; the change in the interest rate reduces residential construction
If Linda's income goes up, she will consume more of all normal goods.
Answer the following statement true (T) or false (F)