Offshoring by domestic firms causes job losses not job expansion in the home market

Indicate whether the statement is true or false

FALSE

Economics

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Holding your income and the price of lobster constant, you can derive your demand curve for steak from an indifference curve/budget line diagram by determining how your consumption of steak changes when the price of a steak changes

Indicate whether the statement is true or false

Economics

Michael Woodford says the following is an advantage of interest-rate instruments for central banks

A) Conduct monetary policy without inflation. B) Conduct monetary policy even if checking deposits pay interest at competitive rates. C) Conduct monetary policy without government approval. D) Conduct monetary policy with consumers in mind. E) Conduct monetary policy with workers in mind.

Economics