The total lag for fiscal policy tends to be shorter than the total lag for monetary policy
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Emigration causes __________ in the capital-labor ratio and __________ in the return to capital.
a. increases; decreases b. increases; increases c. decreases; decreases d. decreases; increases
Economics
Along the Keynesian range of the aggregate supply curve, an increase in the aggregate demand curve will increase:
a. both the price level and real GDP. b. only real GDP. c. only the price level. d. real GDP and reduce the price level.
Economics