In a competitive labor market, the demand for labor X that ...

[cookcarl]

In a competitive labor market, the demand for labor X that produces product Y will increase if the demand for product Y increases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A 100 billion increase in government purchases will have the same effect on real GDP as a 100billion decrease in net taxes.
 a. True
  b. False
  Indicate whether the statement is true or false

[snackralk]

Answer to Question 1

True

Answer to Question 2

False

[cookcarl]

TYSM

[deja]

Thanks for the timely response, appreciate it