Although a balanced budget may be appropriate under one monetary policy, a deficit or surplus may be appropriate under a different monetary policy

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

True

Economics

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An increase in the working-age population results in a

A) rightward shift of demand for labor curve and an increase in potential GDP. B) rightward shift of the demand for labor curve and no change in potential GDP. C) rightward shift of the supply of labor curve and an increase in potential GDP. D) leftward shift of the supply of labor curve and a decrease in potential GDP.

Economics

Informing people of social norms is likely to get:

A. more people to act that way, which is always positive. B. more people to act that way, which can be a problem if policymakers are trying to change typical behavior. C. more people to act that way, which is always negative. D. less people to act that way, because people like to be unique.

Economics