In the long run, output is determined solely by the supply of ...

[dbose]

In the long run, output is determined solely by the supply of capital and the supply of labor, not the price level.
 
  Indicate whether the statement is true or false

Question 2

Approximately ________ people live in the United States and ________ people live in the world.
 
  A) 210 million; 5 billion
  B) 310 million; 7 billion
  C) 210 million; 6 billion
  D) 410 million; 8 billion
  E) 310 million; 3 billion

[dudman123]

Answer to Question 1

TRUE

Answer to Question 2

B