Minimum-wage laws are one reason there is always some unemployment in the U.S. economy

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

True

Economics

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Changes in the interest rate

a. shift aggregate demand whether they are caused by changes in the price level or by changes in fiscal or monetary policy. b. shift aggregate demand if they are caused by changes in the price level, but not if they are caused by changes in fiscal or monetary policy. c. shift aggregate demand if they are caused by fiscal or monetary policy, but not if they are caused by changes in the price level. d. do not shift aggregate demand.

Economics

A dominant strategy is a strategy that a player should take only if the other player cheats.

a. true b. false

Economics