Suppose that an economy is initially producing at the full-employment level of output. Now suppose there is a reduction in the money supply. Other things being equal we can expect

Marginally attached workers fall into which of the following population categories?

A) employed B) unemployed C) labor force D) not in the labor force

An upward spiral of protectionism is a possible outcome of strategic trade policy

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