Only long-run changes in output can be brought about by unexpected change in policy

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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An increase in the price level in the economy leads to

A) a leftward shift in the demand for money curve. B) a rightward shift in the demand for money curve. C) a leftward movement along the demand for money curve. D) a rightward movement along the demand for money curve.

Economics

A monopoly can price discriminate between two groups of consumers if each group has ________

A) a large consumer surplus B) a different willingness to pay C) the same willingness to pay D) the ability to resell the good to the other group

Economics