When the short run aggregate supply curve shifts right, it ___ the short-run Phillips curve

One advantage of a tariff over a quota, from the perspective of the nation imposing it, is that a tariff

a. decreases the domestic price b. increases the foreign price c. increases the quantity of imports d. decreases the quality of imports e. raises tax revenue

The hypothesis that changes in the money supply lead to proportional changes in the price level is called

A. the Keynesian multiplier. B. the quantity theory of money and prices. C. the theory of empirical relativity. D. the equation of exchange.