Refer to the table below. If the equilibrium price increases, then the:
A. Producer surplus will decrease
B. Consumer surplus will increase
C. Producer surplus will increase
D. Allocative efficiency will increase
C. Producer surplus will increase
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
If there is no Ricardo-Barro effect, a government budget surplus ________ the supply of loanable funds and ________ equilibrium investment
A) decreases; increases B) increases; increases C) increases; decreases D) does not change; does not change E) decreases; decreases
In the model of public goods
A) government spending is pure waste B) private consumption and government spending are equal. C) consumers benefit from private goods and public goods. D) the government provides goods at no cost to the public.
What is the random walk theory?
What will be an ideal response?