QUESTION 2 The situation in which the average of all prices of products is rising is called inflation. True False The hi

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QUESTION 2 The situation in which the average of all prices of products is rising is called inflation. True False The hi

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QUESTION 2
The situation in which the average of all prices of products isrising is called inflation.
True
False
The higher the price of a good or service, the greater theamount a producer is willing to supply.
True
False
When Congress passes a law to raise individual tax rates, it iscreating fiscal policy. True/ False
As a factor of production, capital includes money.
True
False
At the equilibrium point, quantity demanded equals quantitysupplied.
True
False
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