The long-run aggregate supply curve shifts to the left if there is a decrease in immigration
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If households come to believe that permanent income has not changed ________
A) the impact of a change in taxes on spending will be limited B) they will consume on the basis of their current income C) their life-cycle will be affected D) the impact of a given change in taxes on spending will be enhanced
Economics
The cyclically adjusted budget measures what the federal budget deficit or surplus would be at full employment output with existing tax and spending decisions.
Answer the following statement true (T) or false (F)
Economics