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

(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?

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

(04.03 MC)Question refers to the map below titled “Disturnell’s new map of the United States and Canada: Showing all the canals, railroads, telegraph lines, and principal stage routes.”Library of Congress, Geography and Map DivisionThe expansion of a market economy in the early 19th century is reflected in which of the following?

  (03.08 LC) Which of the following is a constraint to discretionary fiscal policy?

(01.02 MC)Use the following excerpts to answer the question below.”Probably never before, or since, has a mighty emperor…ordered his conquests to cease until it was decided if they were just.”Source: Lewis Hanke, Colonial Latin America historian”By any standards, the debate is one of the most extraordinary events in Western political history: A country engaged in conquest is accused of doing so unjustly.”Source: Robert McAfee Brown, religion and ethics scholarWhich of the following is a true statement about these two quotes?

(04.01 LC)What was a common idea in the nullification theories held by Thomas Jefferson and John C. Calhoun?

(05.02 MC) The graph below shows a shift in the LRPC in an economy due to increased automation.What are the economy’s new equilibrium inflation rate and unemployment rate?

(06.03 MC) The United States and the countries of Europe are trading partners. If the average income of dollar holders increases, what should be the result in the market for the euro, the currency of many European countries?

(02.06 MC) Considering 2017 prices as the base year prices, the price of good x in 2017 was $2, and 200 units of x were produced. In 2018, the price of good x was raised to $4, and 150 units of x were produced. Which of the following is true about the real GDP?