The truth of the MPP=MRP condition has been implicitly accepted by most businesses while not explicitly recognizing its legitimacy

A surplus in a market exists when there is an excess quantity demanded

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

What would likely have the most severe immediate effect on an economy?

A. A significant drop in exports B. The Fed's infusing reserves into the economy C. A failure of the financial sector D. An aggregate demand shock