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Author Question: The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ... (Read 30 times)

burchfield96

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The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone production alternativemanufact uring or staples.
 
  Indicate whether the statement is true or false

Question 2

A cut in the payroll tax will tend to cause, other things the same, ________.
 
  A) a change in aggregate demand, with no effect on supply
  B) a change in both aggregate demand and supply
  C) a change in aggregate supply, with no effect on demand
  D) no change in either aggregate demand or supply



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amanda_14

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Answer to Question 1

True

Answer to Question 2

B





 

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