The more that firms in an economy believe that the demand for their goods is mainly influenced by "local conditions" and not the aggregate level of demand, the ________ is the SAS curve and thus the ________ are cycles in real GDP

Expansionary monetary policy is likely to lead to a depreciation of the nation's currency

Indicate whether the statement is true or false

To compute a monthly consumer price index, we need

A) data about consumption habits in every month. B) data about item prices every month. C) fixed exchange rates. D) the GDP or GNP deflator.