Deficit spending will not cause much inflation if the economy is operating near full employment

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

False

Economics

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When a negative externality exists in a market, the cost to producers

a. is greater than the cost to society. b. will be the same as the cost to society. c. will be less than the cost to society. d. will differ from the cost to society, regardless of whether an externality is present.

Economics

Under the collusion model, the outcome in an oligopoly is the same as a monopoly.

Answer the following statement true (T) or false (F)

Economics