A decrease in demand will cause a surplus at the original market price
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Other things equal, an appreciation of the U.S. dollar would:
A. Increase productivity and increase aggregate supply B. Decrease net exports and decrease aggregate demand C. Increase the prices of imported resources and decrease aggregate supply D. Decrease the supply of money and decrease aggregate demand
Economics
When OPEC cut energy production in 1973, the aggregate supply curve shifted outward.
Answer the following statement true (T) or false (F)
Economics