If government did not individual rights, the efficiency of a market economy_____

Which of the following shocks is most likely to cause an expansion?

a. Defense spending falls b. Defense spending rises c. Defense spending rises and then falls d. Oil prices surge upward e. Oil prices rise slowly

Both the multiplier effect and the investment accelerator tend to make the aggregate-demand curve shift further than it does due to an initial increase in government expenditures

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