An increase in supply will cause a shortage at the original ...

[mrsjacobs44]

An increase in supply will cause a shortage at the original market price.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Contractionary fiscal policy may have a larger effect in reducing aggregate demand in an open economy than a closed economy.
 a. True
  b. False
  Indicate whether the statement is true or false

[SeanoH09]

Answer to Question 1

False

Answer to Question 2

False

[mrsjacobs44]

YES! Correct, THANKS for helping me on my review

[adf223]

Thanks for the timely response, appreciate it