Autarky is a situation where one country does not trade with other countries
Indicate whether the statement is true or false
TRUE
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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential
Refer to Figure 3.1. Homer's dominant strategy is to ________ committing the crime, and Marge's dominant strategy is to ________ committing the crime
A) confess to; confess to B) confess to; deny C) deny; confess to D) deny; deny
Graphically, periods of federal budget deficits appear as upward-sloping portions of the debt-to-GDP line, while periods of budget surpluses appear as downward-sloping portions of the line
a. True b. False Indicate whether the statement is true or false
The effect of an extention in upemployment benefits on the unemployment rate in the country.
A. MicroEconomics B. MacroEconomics