The productivity speed-up in the United States began in the
a. mid 1970s.
b. mid 1980s.
c. mid 1990s.
d. beginning of 2001.
c
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Consider the opportunity costs of producing goods X and Y that are listed for the four individuals above. Which person has a comparative advantage in producing good X?
A) Pramilla B) Sam C) George D) Lucas
You withdraw 100$ form your checking account. How does this affect the money supply and the reserves of your bank?
What will be an ideal response?
The assumption that firms meet the demand for their products at preset prices is the key assumption upon which ________ is built.
A. Okun's Law B. the supply and demand model C. quantity equation for money D. the basic Keynesian model