A change in the value of consumer's stock market holdings will cause a shift in the consumption function
a. True
b. False
Indicate whether the statement is true or false
True
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A decrease in the price of large tractors imported into the United States from Russia
a. leaves the GDP deflator unchanged but decreases the consumer price index. b. decreases the GDP deflator but leaves the consumer price index unchanged. c. decreases both the GDP deflator and the consumer price index. d. leaves both the GDP deflator and the consumer price index unchanged.
If by international treaty the ratio of the price of services to the price of goods was held at 1.5, then
Suppose Canada can produce either 120 units of goods, 80 units of services, or any linear combination thereof. Mexico can produce 90 units of goods, 50 units of services, or any linear combination thereof. a) neither country would benefit from trade b) both countries will benefit from trade c) only Canada would benefit from trade; Mexico would lose d) only Mexico would benefit from trade; Canada would lose e) Mexico would benefit from trade; Canada would neither gain nor lose
No ACOs have been able to generate shared savings.
a. true b. false
Monetary policy has the largest impact when the money demand curve is ________ and investment demand is ________.
A. downward-sloping; inelastic B. horizontal; inelastic C. downward-sloping; elastic D. horizontal; elastic