Indexing reduces the ability for relative price changes to allocate resources where they are more valuable
a. True
b. False
Indicate whether the statement is true or false
True
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In the above figure, if the price is $8 then there is a
A) surplus of 100. B) surplus of 200. C) shortage of 100. D) shortage of 200.
Starting from long-run equilibrium, a large increase in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; potential B. recessionary; higher; potential C. recessionary; lower; lower D. expansionary; higher; higher
Which of the following is an example of paradigm innovation:
A. Windows computer operating system B. Energy-saving light bulbs C. The latest model of the Honda Civic D. Rechargeable batteries
Foreign direct investment outflows have a positive impact on workers in the home country.
Answer the following statement true (T) or false (F)