Luke has lent his friend Mitch some money. However he underestimated the rate of inflation when they agreed to a repayment and interest schedule. Mitch will benefit from the inflation

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

True

Economics

When investors buy more capital goods because the interest rates have fallen, the aggregate demand curve

A) shifts right. B) shifts left. C) does not shift. D) stays the same.

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Economics

If demand decreases, then quantity supplied will increase

a. True b. False

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Economics