When a country abandons no-trade policies in favor of free-trade policies and becomes an importer of steel, then the domestic price of steel will increase as a result

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

False

Economics

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If the government increases military spending ________

A) the IS curve would shift to the left B) output will decrease if interest rates remain fixed C) the unemployment rate could fall D) all of the above E) none of the above

Economics

With the creation of value, there is a

A. leftward shift of both the demand and supply curves. B. leftward shift of the demand curve and a rightward shift of the supply curve. C. rightward shift of the demand curve. D. leftward shift of the supply curve.

Economics