Refer to the information provided in Figure 9.7 below to answer the question(s) that follow. 
Figure 9.7 Refer to Figure 9.7. This increasing cost industry's long-run supply curve would be found by drawing a line from
A. Points B to E.
B. Points B to F.
C. Points B to C.
D. Points A to E.
Answer: A
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The data in the table above are the U.S. balance of payments. The current account balance is
A) $140 billion. B) $155 billion. C) $170 billion. D) -$45 billion.
Which of the following will cause an increase in unemployment and inflation at the same time?
A. A leftward shift of aggregate demand. B. A rightward shift of aggregate supply. C. A leftward shift of aggregate supply. D. A rightward shift of aggregate demand.
The largest dollar amount of GDP is
a) rental payements b) government expenditures on goods and services c) profit d) net exports e) wages and salaries to employees
Today, the most common exchange rate arrangement in the world is
A) the fixed exchange rate system. B) the gold standard system. C) the managed floating system. D) the freely floating exchange rate system.