The construction of a price index is complicated by several factors, including changes in the quality of goods and services over time, the introduction of new products, and the disappearance of old, outmoded products
a. True
b. False
Indicate whether the statement is true or false
True
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At all points to the right of the intersection of the aggregate output (Y) and aggregate expenditures (AE) curves, there will be unplanned inventory accumulation
a. True b. False Indicate whether the statement is true or false
The law of diminishing marginal utility states that it is impossible to produce more of one good without decreasing the quantity produced of another good
a. True b. False Indicate whether the statement is true or false
A demand curve illustrates;
(a) The relationship between the price of a good and the amount of that good that consumers are willing and able to buy. (b) The interaction of equilibrium price and equilibrium quantity. (c) How consumer behaviour changes in response to advertising. (d) The amount of a good that is supplied at every price.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C