(04.05 MC)Question refers to the excerpt below.”In a free government the security for civil rights must be the same as that for religious rights. It consists in the one case in the multiplicity of interests, and in the other in the multiplicity of sects. The degree of security in both cases will depend on the number of interests and sects; and this may be presumed to depend on the extent of country and number of people comprehended under the same government. This view of the subject must particularly recommend a proper federal system to all the sincere and considerate friends of republican government, since it shows that in exact proportion as the territory of the Union may be formed into more circumscribed Confederacies, or States oppressive combinations of a majority will be facilitated: the best security, under the republican forms, for the rights of every class of citizens, will be diminished: and consequently the stability and independence of some member of the government, the only other security, must be proportionately increased. Justice is the end of government. It is the end of civil society. It ever has been and ever will be pursued until it be obtained, or until liberty be lost in the pursuit.”Source: James Madison, Federalist No. 51, 1788Which theme from the excerpt was reflected in American society in the early 1800s?

(03.08 LC) Which of the following is an example of a contractionary fiscal policy?

(05.01 MC) Which of the following best explains the effect of a contractionary fiscal and monetary policy on the aggregate demand of an economy?

(05.02 MC) Use the graph to answer the question that follows.Which point on the graph shows an inflationary gap in the economy?

(04.05 MC) Use the graph to answer the question that follows.Assuming that the initial money market equilibrium is at point B, how will an increase in the general price level affect this equilibrium?

(05.02 MC) If an economy is in long-run equilibrium, then which of the following is true for the economy’s Phillips curve model?

(04.07 MC) Use the graph to answer the question that follows.Assume that the market for loanable funds is in equilibrium at the rate of interest shown at point ‘R’ and the quantity of loanable funds, ‘Q,’ as shown in the accompanying graph. If there is an increase in productivity due to technological innovation, then what impact will this have on the demand for loanable funds, ceteris paribus?

(02.03 MC)This question refers to the following excerpt.”he Southwest’s people were not strangers to one another at all. Neither distance nor language formed a barrier against communication. People in their settled adobe villages had had centuries to build relationships and customs, of commerce, alliance, peace, and war … If anything, the Spanish invasion intensified Native connections with one another.”Source: Edward Countryman, The Pueblo Revolt, online essay for The Gilder Lehrman Institute of American HistoryWhich of the following is a true statement, as reflected in the excerpt?

(03.06 MC) Which of the following factors will cause a recession in an economy showing a long-run equilibrium?

(02.03 MC) Which of the following would explain an increase in the natural rate of unemployment?