If an electricians' union is successful in its attempts to restrict entry into that craft, it will shift
a. the supply curve of electricians to the right
b. the supply curve of electricians to the left
c. the demand curve for electricians to the right
d. the demand curve for electricians to the left
e. both the supply and demand curves for electricians
B
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When real GDP increases, the demand for money ________ and the demand for money curve ________
A) does not change; does not shift B) increases; shifts rightward C) increases; shifts leftward D) decreases; shifts leftward E) decreases; shifts rightward
For some investment projects, typically large-scale and long-term, such as housing construction or expansion of automobile assembly lines,
a. the interest rate has no influence on the investment decisions b. investment decisions depend directly on saving by firms in those industries c. slight changes in the interest rate rarely affect decisions d. interest charges are an important cost factor e. autonomous investment varies according to production quotas
Even if a market is not competitive, the firms in the market may behave competitively if
A. The market is regulated. B. There are economies of scale. C. Potential competition exists. D. A natural monopoly exists.
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