An increase in the money supply should cause the expenditure schedule to shift upward.

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

True

Economics

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If a firm's marginal costs ________ then its ________

A) fall; best-response curve shifts B) rise; forced out of the oligopoly C) rise; output increases D) fall; price falls

Economics

Saving remaining constant, the average propensity to save declines with an increase in disposable income

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

Economics