Another term for shortage is

We can infer that the government is following a restrictive fiscal policy when

A) the actual deficit falls. B) the natural employment deficit falls. C) the actual deficit rises. D) the natural employment deficit rises.

A monopolist charges $7 per unit for selling 6 units of his product. To sell 7 units, he reduces price to $6.5 per unit. The marginal revenue (net addition to revenue) from selling the seventh unit is then $3.5

Indicate whether the statement is true or false