All else equal, when a monopolist increases its price, revenue will fall because of the lost sales

Monetarists view government intervention in the economy as

A) necessary to maintain full employment. B) unnecessary and potentially damaging. C) effective because it stimulates capital formation. D) leads to consistently higher employment and output.

A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated with an open-economy spending multiplier of 3.33

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