A leftward shift in the aggregate supply curve along a fixed aggregate demand curve will cause cost-push inflation
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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A fall in the real interest rate
A) results in a movement along the demand for loanable funds curve. B) shifts the demand for loanable funds curve rightward. C) shifts the demand for loanable funds curve leftward. D) has no effect on the demand for loanable funds curve
Economics
Is a monopolistically competitive firm productively efficient?
A) Yes, because it produces where marginal cost equals marginal revenue. B) No, because price is greater than marginal cost. C) No, because it does not produce at minimum average total cost. D) Yes, because price equals average total cost.
Economics