If workers and firms expect increases in future prices, it can ...

[wenmo]

If workers and firms expect increases in future prices, it can lead the short run aggregate supply curve to shift left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements about transfer payments is true?
 a. Transfer payments are not included in total government expenditures.
  b. Transfer payments involve the international remittance of funds.
  c. Transfer payments refer to the transfer of money by the commercial banks to the people.
  d. Transfer payments are made by the government to taxpayers.
  e. Transfer payments are made when governments purchase goods and services.

[ntsoane kedibone]

Answer to Question 1

True

Answer to Question 2

d

[wenmo]

Excellent

[jackie]

Thanks for the timely response, appreciate it