Refer to the diagram. If aggregate expenditures in this economy are (C + I g + X n2 ), then the equilibrium levels of GDP and aggregate expenditures respectively will be:
A. 0A and 0E.
B. 0B and 0F.
C. 0A and AH.
D. 0D and DJ.
D. 0D and DJ.
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The opportunity cost of an item is
a. the number of hours that one must work in order to buy one unit of the item. b. what you give up to get that item. c. always less than the dollar value of the item. d. always greater than the cost of producing the item.
Holding constant risk and the real returns available abroad, higher domestic real interest rates ________ capital inflows, ________ capital outflows, and ________ net capital inflows.
A. increase; increase; decrease B. decrease; decrease; decrease C. increase; decrease; increase D. increase; increase; increase
The Chicago City Council considered a "living wage" ordinance that would raise the minimum wage in Chicago to about $10 an hour. How did most economists probably view this legislation?
A. The city will benefit because more people will move to Chicago. B. All people looking for work will be helped, but consumers will be hurt. C. It is a proposal that is meant to help everyone. D. Workers who can find work will be helped, but some people will lose their jobs.
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. Micro Oven's average fixed costs of producing nine units of output are
A. $25. B. $33.33. C. $55.55. D. indeterminate from this information.