The elasticity of demand along the demand curve shown in the above figure is constant and equal to 1. Thus
A) area 0BCF equals area 0AGF.
B) area 0BCF equals area FGDE.
C) area 0BCF equals area 0ADE.
D) area ABCG equals area 0AGF.
C
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Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
Which welfare program allows the working poor to receive income refunds that can be greater than the taxes they paid during the last year?
a. SSI b. TANF c. EITC d. Medicaid
Between 2006 and 2013, corn prices
A. rose far faster than inflation. B. rose at about the overall rate of inflation. C. remained largely constant even in nominal terms. D. rose far slower than inflation.
Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. The slope of the isocost line is
A. -2. B. -1/2. C. 1/2. D. 2.