The Keynesians argue that even if the interest rate does __________ in response to a decrease in investment, there is __________ guarantee that spending will increase very much

Under monopsony, marginal factor cost

A) is downward sloping. B) is less than the wage rate, although it increases as more workers are hired. C) equals the wage rate. D) is greater than the going wage rate.

Under a fixed exchange rate system, a government is at risk of running out of foreign currency reserves when the country's imports exceed its exports

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