An increase in government spending will shift the aggregate demand curve to the left

Indicate whether the statement is true or false

FALSE

Economics

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To eliminate a recessionary gap, what fiscal policy should the government pursue?

What will be an ideal response?

Economics

If firms in an industry make output decisions that are partially based on the price and output decisions of their competitors, then these firms are in ________ market have ________ with the other firms in the market

A) an oligopoly; interdependence B) an oligopoly; no interdependence C) an oligopoly or monopolistically competitive; interdependence D) a monopolistically competitive; no interdependence

Economics