An increase in supply will cause the supply line to
a. move to the left.
b. move to the right.
c. become more vertical.
d. become more horizontal.
b. move to the right.
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The Phillips curve
The country of Kemper is on its aggregate production function at point W in the above figure. If the population increases with no change in capital or technology, the economy will
A) move to point such as Y. B) remain at point W. C) move to point such as X. D) move to point such as Z.
Jennifer is a junior in college. Her current cumulative grade point average (GPA) is 3.5 out of a 4.0 scale. Jennifer is hoping that by the time she graduates, she can raise her cumulative GPA to a 3.7 . Which of the following statements is correct?
a. If Jennifer earns between a 3.5 and a 3.7 GPA in her senior year, she will be able to raise her cumulative GPA to a 3.7. b. If Jennifer earns a 3.7 GPA in her senior year, she will be able to raise her cumulative GPA to a 3.7. c. Jennifer must earn above a 3.7 GPA in her senior year in order to raise her cumulative GPA to a 3.7. d. Either b or c could be correct.
Infant mortality rate is associated with low birth weight. If the U.S. had the same birth weight distribution as Sweden, its infant mortality rate would fall by over ______ percent.
a. 30 b. 40 c. 10 d. 50 e. 20