The aggregate demand curve shifts to the right if
a) the government decreased welfare programs
b) the Fed decreased the reserve requirement
c) the government raised taxes
d) the demand for money increased
e) none of the above shifts the aggregate demand curve to the right
Answer: b) the Fed decreased the reserve requirement
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When decentralized governmental units operate independently and compete with each other, governments will attract residents and expand their tax base when
A) they discontinue desired government services in order to keep taxes low. B) they increase their tax rates. C) they provide residents with desired services at an attractive tax cost. D) they provide residents with fewer government services.
Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. 
Figure 7.8Refer to Figure 7.8. The firm is currently along isocost CD. If the price of capital is $10, then the price of labor is
A. $10. B. $20. C. $80. D. indeterminate from this information.
When a firm decides to produce more electric cars and conventional gas powered cars, it is most directly answering the ________ part of one of the two big economic questions
A) "how" B) "scarcity" C) "what" D) "for whom"
The Phillips Curve shows the trade-off between
a. unemployment and output b. inflation and output c. rates of unemployment and inflation d. imports and exports e. unemployment and inflation