A higher domestic price level lowers aggregate expenditures and, ...

[RYAN BANYAN]

A higher domestic price level lowers aggregate expenditures and, therefore, shifts the aggregate demand curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is a statement of positive economics?
 a. Unemployment is a more severe problem in societies than inflation.
 b. Our current unemployment rate is a serious problem.
 c. If the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent.
  d. An unemployment rate of 4 percent would be too low.

[jaykayy05]

Answer to Question 1

False

Answer to Question 2

c