High oil prices in the 1970s motivated ________ to look for oil, which was found in ________.

All eight countries known as the High Performance Asian Economies are outwardly oriented for trade and investment, and all have experienced rapid growth by world standards

Indicate whether the statement is true or false

Classical economists believe that

A) money is neutral. B) an increase in the real money supply affects output. C) inflation is determined by wage growth. D) monetary policy should be used to combat recessions.