________: illustrates the trade-off between the rate of inflation and the rate of unemployment

A decrease in equilibrium price and an increase in equilibrium quantity could be brought about by a(n)

a. increase in demand b. decrease in demand c. increase in resource prices d. improvement in production technology e. favorable shift in tastes and preferences

Suppose the following information describes the economy:GDP2,000Consumption1,500Government Spending300Net taxes400Public saving equals ________ and national saving equals ________.

A. 200; 100 B. 200; 300 C. 100; 200 D. 100; 100