An increase in demand will cause the equilibrium price and quantity to rise, ceteris paribus.
Answer the following statement true (T) or false (F)
True
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Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
Between 1960 and 2001, the labor force participation rate increased for each of the following groups except
a. married women b. married men c. single women d. single men
The statement "A tax cut would be the fairest way to stimulate the economy" is an example of positive economic analysis
a. True b. False Indicate whether the statement is true or false
Investment is
A. a flow concept and is made up of fixed investment. B. a flow concept and is made up of fixed investment and inventory investment. C. a stock concept and is made up of fixed investment and inventory investment. D. a stock concept and is made up of fixed investment.