Suppose that for several periods the aggregate demand and supply curves have been intersecting at the same point, and at full employment. Then the central bank increases money growth as the result of an unannounced policy change
Under New Classical assumptions the likely short-run result is __________ output and __________ price level. A) rising; a rising
B) rising; an unchanged
C) unchanged; a rising
D) unchanged; an unchanged
A
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A monopolist's marginal revenue curve is flatter than its demand curve
a. True b. False
Which of the following is a feature of a bond market? a. Only households can borrow money through a bond market
b. Only corporations can borrow money through a bond market. c. Both households and corporations borrow money from a bond market. d. Both corporations and government borrow money from a bond market.
The figure below shows the national market for mopeds in a small country. Dd and Sd are the domestic demand and supply curves of mopeds, respectively. Initially, the country's government has a tariff on imports of mopeds. 
The figure below shows the marginal external benefit curve (MEB) of the country from the production of domestic mopeds.
What will be the impact on the national well-being if, instead of imposing a tariff of $50 per unit, the government provides a subsidy of $50 per unit to the domestic manufacturers
of mopeds? A. The national welfare will decline by $5 million. B. The national welfare will decline by $2.5 million. C. The national welfare will increase by $10.75 million. D. The national welfare will increase by $5 million.
The improved health of a nation can increase:
A. economic growth and malnutrition among children. B. productivity of workers and fiscal policy spending. C. the productivity of workers and economic development. D. economic development and illiteracy.