An increase in unemployment will cause this year's production possibilities curve to shift inward toward the origin

Indicate whether the statement is true or false

F

Economics

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In deciding which model of a car to buy, microeconomic theory maintains that consumers are concerned about the absolute price of a particular car, rather than its relative price

Indicate whether the statement is true or false

Economics

Congress and the President implement an investment tax credit. Which curve in the market for loanable funds shifts, which direction does it shift, and what happens to the interest rate?

Economics