The producer price index measures the cost of a basket of goods and services bought by firms rather than consumers
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Economics
Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
Economics