An increase in investment combined with a decrease in education would have an indeterminate effect on both short run and long run aggregate supply

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

True

Economics

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Consider a production possibility frontier with jeans on the vertical axis and shoes on the horizontal axis. As a country moves along the frontier closer to the vertical axis,

A) the opportunity cost of producing jeans decreases. B) inefficient production occurs. C) the opportunity cost of producing jeans increases. D) there are fewer tradeoffs. E) the opportunity cost of producing shoes increases.

Economics

In what ways can expectations change your demand for a product today?

What will be an ideal response?

Economics