When there is an increase in aggregate demand in the short run, there will be an increase in the price level but not in the level of output or employment.
Answer the following statement true (T) or false (F)
False
Economics
You might also like to view...
The expenditure multiplier arises because one person's additional expenditure becomes another person's additional income that will generate additionalÂ
A. cyclical unemployment. B. menu costs. C. expenditure. D. investment demand.
Economics
There is no rational explanation how government can fund anti-smoking campaigns and tobacco subsidies simultaneously
a. True b. False
Economics
What is the present value of $1,000 to be received in two years if the current market interest rate is 8.0%?
a. $481 b. $556 c. $857 d. $926
Economics
The slope of a curved line is constant.
Answer the following statement true (T) or false (F)
Economics