The interest rate effect suggests that investment spending and planned aggregate expenditures fall when the general price level rises

A consumer equilibrium is depicted using indifference curve analysis as: a. the point where two indifference curves cross

b. the combination of two goods that minimizes total utility for a given level of income. c. the combination of two goods located where the highest attainable indifference curve is just tangent to the budget line. d. any combination of two goods where an indifference curve crosses the budget line.

A network must be small if network externalities are to be huge

Indicate whether the statement is true or false