(01.06 MC) The following table shows the demand, supply, and prices for books in the market. What is the equilibrium price for books, and how is the market impacted if the price rises above equilibrium level? Price (per unit) Quantity demanded (in thousands) Quantity supplied (in thousands) $10 19 39 $8 21 32 $6 25 25 $4 28 19 $2 34 11

(01.02 LC)Which one of the following statements about Spanish America is true?

(02.06 MC) Use the data table to answer the question that follows. Year Nominal GDP GDP Deflator 2008 $50,000 200 2009 $55,000 220 Based on the data above, which of the following must have occurred from 2008 to 2009?

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

(06.04 HC) Prices in Country A sharply rose due to a supply shortage and led to high levels of inflation in the economy. What effect is this price increase likely to have on domestic currency in the foreign exchange market?

(05.01 MC) If the government wishes to reduce unemployment and lower interest rates, which policy combination will be most effective? Assume the banking system operates with limited reserves.

(02.04 LC)Which of the following serves as direct evidence that enslaved African peoples sought to maintain their traditions?

  (04.07 MC) Use the graph to answer the question that follows. The graph shows a change in an economy after the government’s decision to provide tax benefits to businesses in an effort to increase investment. What is the new point of equilibrium in the economy’s loanable funds market?

(05.04 MC) Which of the following statements about deficits and debt is true?

(05.04 MC) If in a financial year, a government’s expenditure on goods and services amounts to $200 billion, the amount it spent on social security benefits equals $150 billion, and the revenue it collected from taxes is equal to 300 billion, then which of the following statements is true?