A decrease in the money supply will shift the long-run aggregate-supply curve to the left

If a firm is in an antitrust court case being accused of monopolizing a product, the firm would hire an economist to show

A) the cross-price elasticity of demand between the firm's good and another is positive. B) the price elasticity of demand for the firm's good is highly inelastic. C) the income elasticity of the firm's good is inferior. D) the cross-price elasticity of demand between the firm's good and another is negative.

If imports of Japanese automobiles are restricted, prices of U.S-made automobiles in the United States will be higher than they would otherwise be

Indicate whether the statement is true or false