Marginal analysis examines the effects of additions to or subtractions from a current situation
a. True
b. False
Indicate whether the statement is true or false
True
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Which one of the following resources is not underemployed?
A. The use of Manhattan Island in New York City for growing corn. B. The use of farmland in the Iowa and Illinois corn belt for buildings to do stock market research. C. An automobile factory that is shut down for two months to be retooled for a model change. D. Limiting all men to the fields of school teaching and social work.
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
All of the following are non-price determinants of demand except
A) tastes and preferences. B) income. C) technology. D) future expectations.
Which of the following is true of exports and imports? a. Both imports and exports are added to a nation's gross domestic product (GDP)
b. Both imports and exports are subtracted from a nation's gross domestic product (GDP). c. Imports are added and exports are subtracted from a nation's gross domestic product (GDP). d. Exports are added and imports are subtracted from a nation's gross domestic product (GDP). e. Neither imports nor exports are included in a nation's gross domestic product (GDP).