Russia is a member of the European Union

Indicate whether the statement is true or false

FALSE

Economics

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An increase in the price of a good will

a. increase supply. b. decrease supply. c. increase quantity supplied. d. decrease quantity supplied.

Economics

If the GDP gap is $400 billion and AS is upward-sloping, an effective fiscal policy would be to increase aggregate demand by $400 billion.

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

Economics