Large countries are ________ susceptible to immiserizing growth than small countries because when large countries expand their exports, their terms of trade
A. more; worsen.
B. less; worsen.
C. more; improve.
D. less; improve.
Answer: A
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Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary
List three changes that lead to a shift of the aggregate supply curve. Discuss why each change shifts the aggregate supply curve and in which direction the curve shifts
What will be an ideal response?
The poor, in considering a job offer, face constraints that middle-class job seekers are not subject to
Indicate whether the statement is true or false
Utility is most closely defined as _____
a. the purchasing power of individuals b. welfare maximization c. a medium of exchange d. satisfaction e. an opportunity cost