Fiscal restraint involves ______ government spending and ______ taxes.

In which of the following situations is there most likely to be a monopsony?

A) the market for farm workers in a large rural area B) the market for advertising executives in New York City C) the market for accountants in New York City D) the market for NBA players drafted out of college by one NBA team

Which of the following lists includes only changes that shift aggregate demand to the right?

a. repeal of an investment tax credit, an increase in the money supply b. repeal of an investment tax credit, a decrease in the money supply c. passing of an investment tax credit, an increase in the money supply d. passing of an investment tax credit, a decrease in the money supply