From a society's viewpoint, when all resources are fully employed, a decision to have more of one thing means we must give up some of another thing

If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the quantity of RGDP demanded will increase

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

International macroeconomic policy coordination would give countries the opportunity to avoid beggar-thy-neighbor policies.

Answer the following statement true (T) or false (F)