Private capital flows in the form of both direct and portfolio investment began to return to Latin America after 1989, effectively marking the end of the Lost Decade

Expansionary fiscal policy in response to a negative real shock:

A. will only increase real growth and inflation a little. B. might increase inflation a little but will increase real growth a lot. C. might increase real growth a little but will increase inflation a lot. D. will increase both real growth and inflation a lot

Suppose your tastes over consumption and leisure have constant elasticity of substitution. I observe that, when your wage went up, you continued to work the same number of hours. From this, I can conclude that you have Cobb-Douglas tastes.

Answer the following statement true (T) or false (F)