If 1 US dollar costs 1.25 Euros, then 1 Euro must cost _____ US dollars

If the economy is on the IS curve, but is to the left of the LM curve, then the ________ market is in equilibrium, but the interest rate is ________ the equilibrium level

A) goods; below B) goods; above C) money; below D) money; above

An improvement in technology that increases the marginal product will shift the demand for labor curve to the right

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