Which of the following will NOT lead to an increase in demand for a normal good?
A) an increase in income
B) an increase in the price of an input
C) a decrease in the price of a complement good
D) an increase in the number of consumers
Answer: B
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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
If the unemployment rate in an economy is 12%, of which 5% is cyclical unemployment, 4% is structural unemployment, and 3% is frictional unemployment, what is the natural rate of unemployment?
What will be an ideal response?
With a minimum wage law, the workers who remain employed benefit from a
Which of the following policies has succeeded in reducing fishery catch sizes?
A. Limiting the length of the catch season. B. Limiting the number of boats allowed in a given area. C. Limiting catch size (TAC). D. All of these.