Either an increase in demand with the supply curve held constant or a decrease in supply with the demand curve held constant will raise a market's equilibrium price
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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When policy changes are temporary, then:
a. exchange rates do not change. b. expectations do not change. c. interest rates do not change. d. expectations can change based on results.
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Refer to Table 16.2. Nominal GDP for Fredonia for 2016 equals
A) $2,750. B) $3,500. C) $4,325. D) $5,500.
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