Fiscal and monetary policy can reduce unemployment with no negative side effects

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


False

Economics

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Refer to Figure 9.5. If the government establishes a price floor of $2.50 and farmers grow only the amount of berries that will be sold, total consumer and producer surplus will be

A) $1.50. B) $300. C) $450. D) $500. E) $600.

Economics

Dramatically redistributing income from the rich to the poor could make society worse off

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

Economics

Bottles of very fine wine are less liquid than demand deposits

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

Economics

When all markets are in simultaneous equilibrium, the general equilibrium condition has been satisfied.

Answer the following statement true (T) or false (F)

Economics