(03.04 MC) Which statement explains the shape of the long-run aggregate supply curve (LRAS)?

(02.06 MC) For country XYZ, a study shows that the nominal GDP was $2,400 billion, whereas the real GDP was less than the nominal GDP because of the GDP deflator that was standing at 120. Considering this, what was the value of real GDP?

(02.04 LC)Which of the following is direct proof that Africans did not willingly submit to enslavement?

(05.01 MC) Assume that an economy is using an expansionary fiscal policy and an expansionary monetary policy. Which of the following is true about the economy’s situation?

(03.09 LC) Which of the following is the result of automatic fiscal stabilizers that help an economy recover from inflationary periods?

(02.01 LC)To Europeans in the age of exploration, a land claim

(02.03 HC) From the following data given by the Bureau of Labor Statistics, calculate the total number of persons who are counted in a labor force of a country. Institutionalized population 5 million Stay-at-home parents 12 million Employed individuals 22 million Unemployed individuals 9 million Military workers 7 million Under age 16 population 13 million Retired individuals 11 million

(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?

(02.05 MC)Question refers to the excerpt below.”Now it pleased God to send Mr. Whitefield into this land:…And I soon heard he was come to New York and the Jerseys and great multitudes flocking after him under great concern for their Souls and many converted which brought on my concern more and more hoping soon to see him…We wend down in the stream; I heard no man speak a word all the way three miles but every one pressing forward in great haste and when we got to the old meeting house there was a great multitude; it was said to be 3 or 4000 of people assembled together…And my hearing him preach gave me a heart wound; by God’s blessing my old foundation was broken up, and I saw that my righteousness would not save me; then I was convinced of the doctrine of Election and went right to quarreling with God about it, because all that I could do would not save me; and he had decreed from Eternity who should be saved and who not.”Source: Nathaniel Cole, from The Great Awakening Comes to Connecticut, 1740Which of the following did not result from the Great Awakening?

(04.01 LC)In its decision in the case of Fletcher v. Peck, the U.S. Supreme Court