If the market for hula-hoops is characterized by a very inelastic supply curve and a very elastic demand curve, an inward shift in the supply curve would be reflected primarily in the form of:

Competing broadcasting networks are motivated to choose socially program timing

Indicate whether the statement is true or false

When there are large federal budget deficits, the trade deficit tends to shrink

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