A market system tends to create inequality

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

True

Economics

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When the SRAS curve slopes upward, the actual affect of an increase in real autonomous spending on equilibrium real GDP is smaller than predicted by the multiplier because

A) the price level rises B) the price level falls. C) real GDP increases. D) real GDP decreases.

Economics

What explains the sharply divergent long-run growth patterns?

What will be an ideal response?

Economics