Expansionary fiscal policy is used to increase aggregate demand in an attempt to fight rising inflation
Indicate whether the statement is true or false
FALSE
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If individuals who sit in the back of the classroom receive lower grades on average than the rest of the class, does that mean that sitting in the back of a classroom causes one to perform poorly on exams? a. Not necessarily. The reoccurrence of a certain relationship between two variables does not necessarily imply causation. b. It is not possible for an economist to determine causation
between variables. c. The reoccurrence of such a relationship is sufficient evidence that sitting in the back of a classroom will lead to lower grades. d. none of the above
The introduction of credit cards and debit cards has ________ velocity.
A. decreased B. increased C. eliminated D. had no impact on