Other things constant, when households decide to save more, the supply of credit ________ and interest rates ________

A perfectly competitive firm has a horizontal demand curve because it can sell as much as it wants at the market price

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

Which measures the changes in the prices of a "market basket" of some 300 goods and services purchased by typical urban consumers?

A. The Retail Trade survey. B. The Consumer Price Index. C. The Survey of Manufactures. D. The GDP price index.