As the price level in an economy increases, firms receive lower revenues for their output and thus increase production in the short run
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If interest rates are rising in an economy, what might the relationship be between savings and investment that is causing this to happen?
a) Savings is greater than investment demand. b) Investment demand is greater than savings. c) Savings and investment are both rising rapidly. d) Savings and investment are both falling rapidly.
Economics
To keep employees from shirking, you can invest in greater monitoring
a. because monitoring is inexpensive b. especially when monitoring is not very efficient c. when employees respond well to incentive contracts d. when incentives solve both moral hazard and adverse selection problems with employees
Economics