Author Question: Higher interest rates will tend to reduce aggregate demand, other things being equal. a. True b. ... (Read 95 times)

Destiiny22 · **on:** Jun 30, 2018

Higher interest rates will tend to reduce aggregate demand, other things being equal.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A price ceiling imposed on a good that is below the equilibrium price will result in a shortage of that good.
a. True
b. False
Indicate whether the statement is true or false