If a pension fund has insufficient contributions and earnings to pay benefits, it is said it be

Refer to Figure 9.2. A movement from point c to point b could be caused by a simultaneous ________ and ________

A) decrease in government spending; decrease in the price of oil B) increase in government spending; increase in the money supply C) increase in taxes; decrease in government spending D) decrease in taxes; increase in the price of oil

Monetary policy has a greater impact in an open economy than it does in a closed economy

Indicate whether the statement is true or false