Write True or False to the Statements Below

question 159

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-Saudi Arabia is expanding its farm acreage by building extensive deep-water irrigation wells.

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Definitions:

Short-run Phillips Curve

A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in the short term.

Inflation

The pace at which overall prices for products and services escalate, causing the value of money to decline.

Unemployment

The condition of being capable and willing to work, but unable to find employment.

Money Supply

The complete aggregate of monetary assets in an economy at a certain moment.