According to the Lucas supply function, ________ affect(s) both actual and expected price levels in the same way.

Vertical contracts that aim to decrease retailer prices typically

a. Benefit the consumer and the manufacturer but hurt the retailer b. Benefit the manufacturer and retailer but hurt the consumer c. Benefit the retailer and consumer but hurt the manufacturer d. Benefit the manufacturer, retailer and consumer

In the 1990s, the unemployment rates in the U.S. were higher than that in the European nations

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