To counter a speculative attack on an overvalued currency, the monetary policymakers must ________ monetary policy and to fight a recession the monetary policymakers must ________ monetary policy.

In the definition of GDP, "market value" refers to

A) valuing production in production units. B) not counting intermediate products. C) valuing production according to the market price. D) when the production took place.

An increase in the labor force shifts the production possibilities frontier inwards over time

Indicate whether the statement is true or false