Increased optimism about the future leads to rising prices and falling unemployment in the short run
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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With the real wage on the vertical axis and employment (N) on the horizontal axis, we know that
A) the WS curve is upward sloping. B) the WS curve is downward sloping. C) the PS curve is upward sloping. D) the PS curve is downward sloping.
Economics
Explain why having different marginal rates of substitution is necessary for trade to occur
What will be an ideal response?
Economics