In a recession, needs-tested spending ________ and induced taxes ________

If wages and prices are flexible, then an anticipated change in the money supply will cause wages and prices to __________ the actual inflation rate

A) increase at the same rate as B) increase at a higher rate than C) increase at a slower rate than D) cannot be exactly predicted

A burger bought by Joey from a restaurant is non-rival in consumption

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