As the price level rises, people feel wealthier and aggregate demand increases
Indicate whether the statement is true or false
F
Economics
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"If an economy is producing at a point on its PPF, it has achieved allocative efficiency." True or false? Explain
What will be an ideal response?
Economics
Forecasts are
A) generally incorrect. B) predictions about the future. C) explanations of past occurrences. D) limited to short time periods.
Economics