Service sector outputs could be expected to increase in price less than industrial sector outputs as an economy grows

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


False

Economics

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The supply curve for chicken will shift to the right, if production costs increase

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

Economics

All items on a bank's balance sheet are stock variables

a. True b. False

Economics

What is the marginal rate of substitution, and what role does it play in determining the consumer's optimum choice?

Economics

Which of the following would be categorized as an unconventional monetary policy tool?

A. Targeted asset purchases B. Federal funds rate target range C. Deposit rate D. The interest rate on excess reserves (IOER)

Economics