According to the traditional Keynesian approach, if the government increases spending by $5 million and raises current taxes by $5 million at the same time, then
A) real GDP will increase by $5 million.
B) real GDP will decrease by $5 million.
C) real GDP will decrease by more than $5 million.
D) real GDP will remain the same.
A
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Which of the following indifference curves is not possible given the consumer's budget line? 
A. U1 B. U2 C. U3 D. U4
An example of price discrimination is the price charged for:
a. a postage stamp. b. theater tickets that offer lower prices for children. c. an economics textbook at a campus bookstore. d. Any of these.
If real GDP doubles and the GDP deflator doubles, then nominal GDP
a. remains constant. b. doubles. c. triples. d. quadruples.
When estimating a short-run average variable cost function,
A. the intercept must be forced to equal zero. B. the cost data must be inflation-adjusted. C. at least one input must have been constant during the period in which the data were collected. D. both b and c E. all of the above