Discrimination is an emotionally charged issue that is impossible to study objectively
a. True
b. False
Indicate whether the statement is true or false
False
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
Consider a diagram in which the variable measured on the y-axis remains constant while the variable measured on the x-axis increases. The graph of these two variables is
A) a line that has positive slope. B) non-existent because the two variables are not related. C) a horizontal line. D) a vertical line. E) a line that has a negative slope.
Increasing worker productivity by creating economic incentives is an example of
a. laissez faire. b. supply-side economics. c. pump priming. d. Say’s Law.
A large oligopolistic firm that unilaterally makes changes in price which competitors tend to follow is known as a: a. price leader
b. price maker. c. dominant strategy firm. d. cartel leader.