A rightward shift in the money supply curve is likely to produce a rightward shift in the aggregate demand curve
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Recall the Application. If the organization in New Zealand was successful in getting the Olympics to include sheep shearing as a spectator sport, and this helped to raise the world price of wool, the quantity of wool supplied would ________ because
the market supply curve for wool is ________ sloped. A) decrease; negatively B) increase; negatively C) increase; positively D) decrease; positively
One reason that U.S. exports of commercial services have increased steadily over the past 25 years is that
A) European and Asian nations have shown little interest in developing their own commercial services sectors. B) the United States has made significant investments in new information technologies. C) the U.S. government owns and operates most of the economy's service sector. D) the U.S. economy operates like one big corporation.
By definition, an industry with high concentration also is highly competitive.
Answer the following statement true (T) or false (F)
Every year, the government of Yuki’s country invests in physical capital. As a result, the country’s production possibilities curve ______.
a. is rendered obsolete
b. is unaffected
c. shifts downward
d. shifts outward