An increase in the price of a product and an increase in the number of sellers in the market affect the supply curve in the same general way

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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If Japan is twice as good at producing cameras and three times as good at producing TV sets as the United States, Japan is said to have a comparative advantage in TV sets and the United States has a comparative advantage in cameras

a. True b. False Indicate whether the statement is true or false

Economics

Are hurt more by unemployment.

A.men B. youth C. uneducated D. all of these!

Economics

Federal government outlays as a fraction of GDP tripled between 1959 and 2009

a. True b. False

Economics

The 1978 Full Employment and Balanced Growth Act called for a target unemployment rate of

a. 0 percent b. 5 percent c. 1 percent d. 2 percent e. 4 percent

Economics