Quantity supplied is determined by how much producers are willing and able to produce.
Answer the following statement true (T) or false (F)
True
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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
When the coupon rate on newly issued bonds ________ relative to older, outstanding bonds, the market price of the older bond ________
A) increases; rises in the secondary market B) increases; falls in the secondary market C) decreases; falls in the primary market D) decreases; falls in the secondary market
Buyers who are persuaded to take a product home to try it out, _____
a. are likely to return the product later b. are lucky the seller is not concerned about the buyers' credit ratings c. will not derive any utility from that product. d. have no money to pay at the time e. will be reluctant to return the product when payment is due
The vertical distance between the TC curve and TVC curve is equal to:
A. ATC B. AVC C. TFC D. MC