The "stimulus package"
What will be an ideal response?
involved more than $800 billion in new government spending and reduced taxes. This was followed by further tax cuts over the next two years, including a temporary two-percentage-point payroll tax holiday in 2011 and 2012.
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
Explain what should happen to the demand curve of monopolistically competitive firms as consumers increasingly perceive their products to be more like commodities. What industrial structure does this lead to?
What will be an ideal response?
How would a decrease in the price of the feed grains used to feed cattle affect the market for beef?
a. The demand for beef would increase, increasing beef prices. b. The demand for beef would decrease, decreasing beef prices. c. The supply of beef would increase, decreasing beef prices. d. The supply of beef would decrease, increasing beef prices.
You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Gemco 5 3/4 13" this indicates that
A) the coupon rate on this bond is 5.75 percent. B) this bond will mature 13 years from the date that it was first issued. C) the current yield on this bond is 5.75 percent. D) a and b E) all of the above