Net exports must always be a positive amount

Indicate whether the statement is true or false


False

Economics

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By changing its regulations, the Fed ___ force the banking system to increase the money supply; by changing its regulations, the Fed ____ force the banking system to decrease the money supply:

a. Can; can b. Can; cannot c. Cannot; can d. Cannot; cannot.

Economics

Unexpected inflation harms both debtors and individuals who live on fixed incomes

a. True b. False Indicate whether the statement is true or false

Economics

When a shortage exists in a market, sellers

a. raise price, which increases quantity demanded and decreases quantity supplied until the shortage is eliminated. b. raise price, which decreases quantity demanded and increases quantity supplied until the shortage is eliminated. c. lower price, which increases quantity demanded and decreases quantity supplied until the shortage is eliminated. d. lower price, which decreases quantity demanded and increases quantity supplied until the shortage is eliminated.

Economics

Refer to the above figure. The top two arrows of the figure refer to the product markets. The bottom arrows refer to the factor markets. Which arrow represents factor services?

A. Arrow A B. Arrow B C. Arrow C D. Arrow D

Economics