Under a fixed exchange rate system, if the government decides to increase the fixed exchange rate, net exports will ________ and the IS curve will shift to the ________

Suppose the Herfindahl-Hirschman Index (HHI) in the market for chocolate is 3,200. Two companies want to merge. The FTC definitely will challenge the merger if it increases the HHI by more than

A) 150 points. B) 100 points. C) 40 points. D) 200 points.

Economic growth occurs when

A. nominal GDP increases. B. GDP per capita in the short run increases. C. a nation's capacity to produce increases. D. there is a movement along the production possibility curve resulting in increased personal consumption expenditures.