The production possibilities frontier represents all desirable combinations of outputs

If an economy experiences high interest rates and high unemployment, the ISLM framework predicts that ________ policy has been too ________

A) fiscal; expansionary B) fiscal; contractionary C) monetary; expansionary D) monetary; contractionary

A nation's aggregate expenditure decreases with an increase in imports, other things constant

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