The long-run aggregate supply curve is ... because along it, as prices rise, the money wage rate ...
What will be an ideal response?
vertical; rises
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The table below shows how the payoffs to two political candidates depend on whether the candidates run a positive or negative campaign. The payoffs are given in terms of the percentage change in the number of votes received. 
Suppose that the Republican candidate tells the Democratic candidate that he intends to run a positive campaign. The likely result is that:
A. the Republican candidate will run a positive campaign, and the Democratic candidate will run a negative campaign. B. both candidates will run a negative campaign. C. the Republican candidate will run a negative campaign, and the Democratic candidate will run a positive campaign. D. both candidates will run a positive campaign.
Refer to Table 11-1. Based on the table above, which country has a higher standard of living and why?
A) Sweden has a higher standard of living because their GDP per capita is higher. B) Sweden has a higher standard of living because their GDP is higher. C) Ireland has a higher standard of living because their GDP per capita is higher. D) Ireland has a higher standard of living because growth in GDP is greater in Ireland than in Sweden.
Regarding our "rule-of-thumb" for determining what causes changes in a nation's monetary base, which of the following is not true:
a. Only central banks are above the line. b. To increase the monetary base, funds have to be moved from above the line to below the line. c. Any time a central bank changes one of its major monetary tools, the monetary base changes. d. For the monetary base to change, the central bank must, in some way, be involved. e. All the above are true.
A government agricultural policy that restricts output by limiting the number of farm acres that can be used to produce a particular crop is the
A) marketing quota system. B) acreage allotment program. C) price support program. D) target price system. E) paying farmers not to produce system.