In the classical model with an open economy, an increase in government purchases always causes complete crowding out
a. True
b. False
B
Economics
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Discrimination based on age, race, gender, or family status very likely increases as a result of rent ceilings
Indicate whether the statement is true or false
Economics
Nominal GDP is
a. also called real GDP. b. a more accurate measure than real GDP. c. real GDP adjusted for changes in the price level. d. GDP measured in current prices.
Economics
A monopolistic industry will have a Herfindahl index value of:
a. 1. b. 100. c. 500. d. 1000. e. 10.
Economics
Marginal cost curves and average cost curves are both purely upward sloping
a. True b. False Indicate whether the statement is true or false
Economics