In the United States from 1960 to 2010, the largest positive contribution to national saving was from:
A. the government budget deficit.
B. the public sector.
C. household saving.
D. business saving.
Answer: D
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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
We are given the individual demand curves for all of the people that consume ice cream. Which statement is TRUE about the market demand curve for ice cream?
A. The market demand curve is obtained by horizontally summing the individual demand curves. B. The market demand curve cannot be obtained because information on prices is missing. C. The market demand curve cannot be obtained from individual demand curves. D. The market demand curve is obtained by vertically summing the individual demand curves.
Money is created by
A) government taxation. B) banks taking in deposits. C) banks making loans. D) banks paying for depositor's insurance.
A relationship between two variables in which one variable increases at the same time that the other increases is called
A) nonlinear. B) constant. C) inverse. D) direct.