Economists agree that the cause of the slow economic growth during the 1970s was the tight fiscal policy.

In emerging market countries, the deterioration in bank's balance sheets has more ________ effects on lending and economic activity than in advanced countries

A) negative B) positive C) affirming D) advancing

If the supply of a good is inelastic, a decrease in price must increase total revenue

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