An appropriate fiscal policy response when aggregate demand is growing at a slower rate than aggregate supply is to cut taxes

In the short run, a monopolist: a. always suffers an economic loss

b. always earns an economic profit. c. always earns a normal rate of return. d. may make an economic loss, an economic profit, or zero economic profits.

In a capitalist market economy, the decision to save is made by the same people who make the major investment decisions

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