When the Fed chooses to target interest rates, it loses the ability to target monetary aggregates
Indicate whether the statement is true or false
true
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The price elasticity of supply of a good measures how much a change in price of the good will change its quantity supplied
a. True b. False Indicate whether the statement is true or false
If the supply curve shifts to the right, how does this affect the market for product A?
a) A higher equilibrium price and a higher equilibrium quantity. b) A lower equilibrium price and a lower equilibrium quantity. c) A higher equilibrium price and a lower equilibrium quantity. d) A lower equilibrium price and a higher equilibrium quantity.
Selling candy mints at a price below the seller's cost of purchasing them
What will be an ideal response?
If a technological advance makes it possible to produce computers at a lower cost:
A. the demand for computers increases. B. the demand for computers decreases. C. the supply of computers increases. D. the supply of computers decreases.