Printing money was the main method the Union government used to finance the Civil War (1861–1865), and as a result the money supply in the North rose by a factor of 4
Indicate whether the statement is true or false
True
Economics
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Relative to a no-trade situation, if the United States imported jeans, the U.S. domestic price of jeans would
a. rise, but domestic output would fall. b. decline, but domestic output would rise. c. decline as would domestic output. d. rise as would domestic output.
Economics
The aggregate supply curve slopes upward because as price rises, the quantity of output supplied rises.
Answer the following statement true (T) or false (F)
Economics