In the figure above, if there is no Ricardo-Barro effect, the government has a ________ because ________
A) budget deficit; there is no Ricardo-Barro effect.
B) balanced budget; there is no Ricardo-Barro effect.
C) budget surplus; the SLF curve lies to the right of the PSLF curve.
D) budget surplus; there is no Ricardo-Barro effect.
E) budget deficit; the SLF curve lies to the right of the PSLF curve.
C
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If the price of chicken rises from $1.25 per pound to $1.75 per pound, if the demand curve is consistent with the law of demand, then the quantity of chicken demanded would be predicted to go from
A. 100 pounds to 125 pounds per day. B. 100 pounds to 75 pounds per day. C. 100 pounds to 100 pounds per day, because the price of chicken does not affect the quantity demanded. D. 100 pounds to 0 pounds per day, because consumers would stop purchasing chicken at a price above $1.25 per pound.
A government wants to build a hydroelectric dam to reduce flooding in a region and provide electricity to its people
What type of investment is this? In order to make a decision about whether or not to make the investment, how should the government evaluate this project?
For a given domestic and foreign price level, an increase in the nominal exchange rate ________ the real exchange rate.
A. offsets any change in B. may either increase or decrease C. increases D. decreases
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C