Holding the real money supply constant, an increase in real money demand will reduce interest rates
Indicate whether the statement is true or false
FALSE
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A higher saving rate will promote capital deepening
Indicate whether the statement is true or false
While increases in population are often seen as a problem by some observers can you think of a way in which an increase in population can be a positive factor?
What will be an ideal response?
Which of the following is always associated with monopolistic competition?
a. Identical products b. Economic profits in the short run c. MR lies above the demand curve d. Demand curves become more inelastic as new entry occurs e. Product differentiation
For a farmer, the long-run would be the current growing season, where she can vary the amount of irrigation, pesticides, and fertilizer on a fixed number of acres planted
a. True b. False Indicate whether the statement is true or false