The problem with inflation is that as prices rise, consumers can no longer afford to buy as many goods and services

If the rate of extraction of a renewable resource is greater than its rate of replenishment, the price of the resource is likely to fall in future

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

If the stock market crashes, then

a. aggregate demand increases, which the Fed could offset by increasing the money supply. b. aggregate demand increases, which the Fed could offset by decreasing the money supply. c. aggregate demand decreases, which the Fed could offset by increasing the money supply. d. aggregate demand decreases, which the Fed could offset by decreasing the money supply.