Determine whether each statement is true or false. Economists are rarely confused by the causes of aggregrate demand shocks. Credible inflation reduction by the Federal Reserve (the Fed) empirically increases unemployment. The Federal Reserve does not consider market confidence when creating monetary policy. The Federal Reserve can always achieve its stated monetary policy targets or goals. The Federal Reserve operates in real time, where data concerning the economy is not completely known. Answer Bank

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.