Economics studies the logic of choices made from among available possibilities

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

True

Economics

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The shortfall between actual real GDP and potential GDP

a. decreases as the unemployment rate rises. b. increases as the unemployment rate rises. c. increases as the employment rate rises. d. decreases as the labor force increases.

Economics

Which of the following lists two things that both decrease the money supply?

a. raise the discount rate and make open market purchases b. raise the discount rate and make open market sales c. lower the discount rate and make open market purchases d. lower the discount rate and make open market sales

Economics