(02.04 HC) Assume that only two goods are produced in an economy, A and B. In the base year, 6 units of A are produced at a price of $3 and 5 units of B are produced at a price of $2. And in the given year, 6 units of A are produced at a price of $2 and 5 units of B are produced at a price of $6. What is the CPI for the given year?

(04.05 MC) Use the graph to answer the question that follows.In this graph, the demand for money shifted from MD to MD′. Which of the following could have caused this shift?

(03.01 LC) Which of the following components will be included in determining the aggregate demand of a country?

(03.02 MC) Assume that the government of a country decides to give out tax refunds of $4.5 million to small domestic firms that are struggling. If the marginal propensity to save in the country is 0.25, then what is the maximum impact this measure will have on the GDP of the country?

(02.05 MC) Which of the following options is likely to happen when a country is experiencing a high inflation rate?

(05.07 MC) What is the effect of supply-side fiscal policies like decreasing taxes on investment, aggregate demand, and aggregate supply?

(01.06 MC) Use the graph to answer the question that follows.The graph for a competitive output market shows demand shifting from D to D′ and supply shifting from S to S′. Which pair of events is consistent with these two changes?

(03.04 MC) Which of the following is true about the long-run aggregate supply curve (LRAS)?

(01.06 MC) If it is assumed that the market for good Z is in equilibrium and Z is an inferior good, what will be the result following an increase in the average income of consumers?

(02.01 MC) Which of the following is true for the gross domestic product?