Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.

Inflation can only be caused by an increase in aggregate demand

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

Marginal cost can be defined as the:

A. Change in total fixed cost resulting from one more unit of production B. Change in total cost resulting from one more unit of production C. Change in average total cost resulting from one more unit of production D. Change in average variable cost resulting from one more unit of production