Investment, a key component of aggregate demand, can cause recessions and booms based on fluctuations in its levels

In comparing monopolistic competition to perfect competition, one can conclude that the lack of free entry is the key to having the ability to set price

Indicate whether the statement is true or false

The theory of adaptive expectations holds that people form the most accurate possible expectations about the future using all information available to them

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