In the long run, demand-pull inflation:
A. Starts out with a shift in the AS curve, but no shift of the AD curve
B. Starts out with a rightward shift in the AD curve, followed by a resulting leftward shift of the short-run AS curve
C. Starts out with a leftward shift in the AD curve, followed by a resulting rightward shift of the short-run AS curve
D. Involves a shift of the AD curve only, with no shift of the AS curve
B. Starts out with a rightward shift in the AD curve, followed by a resulting leftward shift of the short-run AS curve
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All of the following are examples of negative effects of imposing rent control except:
A. renters spend less time searching for apartments. B. persons who get a place to live pay higher rent. C. producer surplus decreases. D. some people who would have rented apartments before rent control will not rent.
Refer to the information provided in Figure 28.1 below to answer the question(s) that follow.
Figure 28.1Refer to Figure 28.1. At a wage rate of $________, there is a shortage of labor equal to ________ million people.
A. 6; 180 B. 15; 150 C. 6; 60 D. 15; 120
Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. 
Figure 15.1 Refer to Figure 15.1. If Dom's Barber Shop is maximizing profit, its total revenue equals
A. $200. B. $320. C. $350. D. $360.
In 2014, the price of peanuts increased. In the market for peanut butter, this change lead to ________ and which therefore ________ the price of peanut butter and ________ the quantity of peanut butter
A) a decrease in the supply; increased; decreased B) an increase in supply; decreased; increased C) a decrease in demand; decreased; decreased D) an increase in demand; increased; increased