With consumption on the vertical axis and leisure on the horizontal axis, the slope of the budget line is equal to
A) w.
B) -w.
C) ?.
D) -?.
B
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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
The view that inappropriate monetary policy was the main reason for the depth of the Great Depression in the United States is most closely associated with
A. the monetarist view. B. the rational expectations theory. C. the mainstream view. D. the real business cycle theory.
What determines the position and shape of a society's production possibilities curve?
a. the physical resources of that society b. the level of technology of the society c. the number of factories available to the society d. all of the above
The egalitarian principle says
A. that the age-earnings cycle should determine income. B. that people should be compensated on the basis of what they produce. C. that everyone should have exactly the same income. D. that people should be compensated on the basis of their need.