GDP can be measured by the
A) total value of all sales in the economy.
B) total market value of final goods and services produced in the economy.
C) total value of all intermediate goods produced in the economy.
D) net national product plus investment.
B
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
Which nation is NOT one of the current members of the European Union?
A) Greece B) Germany C) Sweden D) Norway
Pollution rights can be traded and are always efficient.
A. True B. False C. Uncertain
A financial instrument would include:
A. only a written obligation and a specified date. B. only a written obligation and a transfer of value. C. a written obligation, a transfer of value, a specific date for payment, uncertain conditions. D. a written obligation, a transfer of value, a future date, and certain conditions.