Sweatshirts and tee-shirts are complements in consumption and the price of a sweatshirt increases. As a result, the demand for
A) sweatshirts will increase that is, the demand curve will shift rightward.
B) tee-shirts will increase that is, the demand curve will shift rightward.
C) sweatshirts will decrease that is, the demand curve will shift leftward.
D) tee-shirts will decrease that is, the demand curve will shift leftward.
D
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Suppose you borrow $500 from your bank to pay for a guitar. This is an example of
A) direct financing. C) moral hazard. B) indirect financing. D) transaction costs.
The account that records foreign investment in the United States minus U.S. investment abroad is the
A) capital and financial account. B) official settlements account. C) current account. D) U.S. official reserves account.
If a firm is to capture all consumer surplus with two-part pricing when customers are different
A) it must be able to charge different access fees. B) it cannot charge different prices for access fees. C) it must set unit price below marginal cost. D) it must set unit price above marginal cost.