The urban consumers that the CPI is based on includes:
A. retired persons.
B. greeters at Walmart.
C. bank tellers.
D. All of these are included.
Answer: D
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Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary
In the long run, economic growth is determined by
Suppose you go to a high school and identify groups of students sitting at different lunch tables. To you it appears that everyone on the football team sits at one table, everyone who gets really high grades sits at another table, everyone who is in the drama club sits at another table, and so on. This outcome could be
A) the result of everyone preferring to sit at a table with dissimilar students, but not want to be at a table if he or she is in a 30 percent minority or less. B) because people naturally discriminate against (and make feel unwelcome) those people who are not like them. C) because the school authorities have instituted a one-week experimental plan to keep students segregated (at lunch) according to certain key interests. D) b and c E) all of the above
How is a preset price similar to a government-imposed price ceiling or a price floor? How is a preset price different from a government-imposed price ceiling or price floor?
Please provide the best answer for the statement.