Suppose an increase in investment spending results in an increase in equilibrium real GDP and a rise in the equilibrium price level. This implies that the aggregate supply curve for this economy is vertical

An increase in the price of a good will lead to an increase in the quantity supplied.

a. true b. false

"A decrease in the price of tablet computers will decrease the demand for desktop computers." This statement is an example of a normative economic statement

Indicate whether the statement is true or false