If savings exceeds investment at full employment, demand will fall short of total output.

Answer the following statement true (T) or false (F)

True

Economics

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The graph illustrates the supply of sweaters. Which of the following events will increase the supply of sweaters?

A) a rise in the price of a sweater B) a rise in the wage rate paid to the workers who make sweaters C) a rise in the expected future price of a sweater D) an increase in the number of sellers of sweaters E) an increase in income if sweaters are a normal good

Economics

In Thailand in the late 1990s, there was pressure for the value of the baht to decline as foreign investors began to

A) increase their investments in Thailand and exchanged their dollars for baht. B) increase their investments in Thailand and exchanged their baht for dollars. C) sell off investments they had made in Thailand and traded in their baht for dollars. D) sell off investments they had made in Thailand and traded in their dollars for baht.

Economics