A change in the money supply can affect one or more of the components of spending and therefore shift the short-run aggregate supply (SRAS) curve

Indicate whether the statement is true or false


False

Economics

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Governments are most effective at providing pure private goods

Indicate whether the statement is true or false

Economics

If a rich country grows at a faster rate than a poor one, then

A) the gap in their standard of living will widen over time. B) the gap in their standard of living will close over time. C) the difference in their living standards will not change over time. D) whether or not the living standards gap widens or closes over time depends on the absolute size of the relative growth rates.

Economics

What is the value of marginal product of labor?

What will be an ideal response?

Economics

Pollution is a relatively new phenomenon

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

Economics