If the Japanese economy is currently suffering from a recession we should expect U.S. exports to Japan to
a. decrease.
b. increase.
c. remain the same.
d. increase only if the Japanese Yen depreciates.
a
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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
According to Romer and other new growth theorists, what could poor countries do to stimulate greater economic growth?
What will be an ideal response?
The excess burden of a tax refers to the fact that
A) the benefits from a tax exceed the tax revenue. B) the deadweight loss from a tax exceeds the remaining consumer surplus. C) marginal cost is greater than marginal benefit after the tax. D) a tax creates a deadweight loss. E) taxes are split between buyers and sellers.
The real interest rate, business taxes, expected profits and business confidence, and capacity utilization are embedded in the slope of the investment function
Indicate whether the statement is true or false