The aggregate supply curve shows how much the nation’s businesses are willing and able to produce at each price level.
Answer the following statement true (T) or false (F)
True
Economics
You might also like to view...
Multiplying the dependent variable by 100 and the explanatory variable by 100,000 leaves the
A) OLS estimate of the slope the same. B) OLS estimate of the intercept the same. C) regression R2 the same. D) variance of the OLS estimators the same.
Economics
Nominal GDP is greater than GDP because of the effects of inflation as measured by the GDP chain price index
a. True b. False Indicate whether the statement is true or false
Economics