The aggregate demand curve depicts a negative relationship between real GDP and the general price level

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

True

Economics

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If the aggregate supply curve is positively sloped, an increase in the money supply will result in an increase in both equilibrium national income and the equilibrium price level

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

Economics

Tolls are not effective in altering people's incentives to drive during rush hour

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

Economics