(05.07 MC) Which of the following policy initiatives is most likely to increase economic growth?

(05.06 MC) Assume real GDP equals $30,000; the population is 20 and there are 15 labor employed. What is the value of GDP per capita and average labor productivity?

(03.05 MC) Use the graph to answer the question that follows.Which point on the graph is the point of long-run equilibrium in the economy?

(02.05 MC) If the rate of inflation unexpectedly increases, which of the following individuals will suffer a loss?

Two sound waves with frequencies of 10 MHZ and 5 MHZ travel to a depth of 3 cm in a medium and then reflected back to the surface of the body. Which acoustic wave arrives first at the surface of the body?

(05.07 MC) The new budget of country B increases the funds allocated to building roads, railways, bridges, and schools. What will be the consequence of such a policy?

(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?

(03.04 MC) Which of the following would lead to a rightward or outward shift in the long-run aggregate supply curve (LRAS)?

(05.04 MC)Question refers to the excerpt below.”That on the first day of January, in the year of our Lord one thousand eight hundred and sixty-three, all persons held as slaves within any State or designated part of a State, the people whereof shall then be in rebellion against the United States, shall be then, thenceforward, and forever free; and the Executive Government of the United States, including the military and naval authority thereof, will recognize and maintain the freedom of such persons, and will do no act or acts to repress such persons, or any of them, in any efforts they may make for their actual freedom.”Source: The Emancipation Proclamation, 1863How did the issuing of this document change the nature of the Civil War?

(05.05 MC) Which of the following statements explains the effects of crowding out in an economy over the long run?