The shape of the aggregate demand curve does not tell us anything about how the total dollar value of spending will ultimately be divided between output and prices. For this we need
A) information about the standard of living in the country.
B) information that only the Consumers' Price Index can provide.
C) an aggregate supply curve.
D) to know how far from the origin the aggregate demand curve is.
C
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Refer to the figure below. An increase in demand is represented by a shift from: 
A. curve D to curve C. B. curve A to curve B. C. curve C to curve D. D. curve B to curve A.
The deficit that exists when the economy operates at full employment is called the __________ deficit
A) net B) gross C) cyclical D) structural
Predatory pricing
A. is usually quite effective at driving smaller firms out of a market. B. is illegal under antitrust laws. C. is often an inexpensive way for a large firm to drive smaller firms out of a market. D. is a form of price leadership.
The ability to produce a product at a lower resource cost than another nation can produce the same product is called comparative advantage
Indicate whether the statement is true or false