Answer the following statement true (T) or false (F)

1) An increase in demand accompanied by an increase in supply will increase the equilibrium
quantity, but the effect on equilibrium price will be indeterminate.
2) A government subsidy per unit of output increases supply.
3) Consumers buy more of normal goods as their incomes rise.
4) Toothpaste and toothbrushes are substitute goods.

1) T
2) T
3) T
4) F