Which of the following contribute to high levels of U.S. production?
a. Immigration restrictions.
b. Barriers to trade.
c. Labor-intensive production.
d. Abundant factors of production.
Answer: d. Abundant factors of production.
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The Fed can directly lower the inflation rate
Indicate whether the statement is true or false
_________ are statements that ascribe blame or judge others. They can lead to arguments
a. I-messages b. You-messages c. Theymessages d. Expert messages
In the diagram above, at the market equilibrium price, what is the consumer surplus?
a. A b. B c. C d. D e. none of the above
Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 100 - 500r. Real money demand is Md/P = Y - 2000i. Other variables are ?e = 0.05, G = 200, 
= 1000, and M = 2100.(a)Find the equilibrium values of the real interest rate, consumption, investment, and the price level.(b)Suppose the money supply increases to 2800. Find the equilibrium values of the real interest rate, consumption, investment, and the price level. (Assume that the expected inflation rate is unchanged.)
What will be an ideal response?