. _______________________ happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment.

__________________ are ways that a nation can draw up regulations, inspections, and paperwork to make it more costly or difficult to import products.

A prolonged period of budget deficits may lead to ___________________.

The slope of the production possibility frontier is determined by the ________________ of expanding production of one good, measured by how much of the other good would be lost.  

As international trade increases, it contributes to a shift in jobs away from industries where that economy does not have a(n) __________ advantage and toward industries where it has a(n) ___________ advantage.  

The United States national minimum wage is _____________.  

. An increase in the government’s budget surplus will cause the interest rate to:

When one nation can produce a product at lower cost relative to another nation, it is said to have a(n)____________________in producing that product.  

Question 9 Worth 8 points Evaluate 

Question 6 Worth 8 points Use the equation    to find  ∂z/∂x and ∂z/∂y.