If the demand curve for a product is vertical, any tax increase on the product is paid for entirely by the consumer
Indicate whether the statement is true or false
TRUE
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The interest rate effect on aggregate demand indicates that a(n):
A. Decrease in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending B. Decrease in the price level will decrease the demand for money, decrease interest rates, and increase consumption and investment spending C. Increase in the price level will increase the demand for money, reduce interest rates, and decrease consumption and investment spending D. Increase in the supply of money will increase interest rates and decrease interest-sensitive consumption and investment spending
Corporations often raise funds for business activities by the sale of shares of existing common stock.
Answer the following statement true (T) or false (F)