The tables above show the marginal costs and benefits from production of paper. If the market is perfectly competitive and unregulated, the equilibrium output is ________ of paper

If interest rates in Sweden go up relative to the rest of the world, the

A) demand for Swedish currency will fall. B) demand for Swedish currency will rise. C) supply of Swedish currency will fall. D) supply of Swedish currency will rise.

If the price level in an economy turns out to be higher than that expected by workers and firms, _____.

a. businesses increase production b. the economy's potential output level increases. c. the economy's short-run aggregate supply curve shifts rightward. d. the economy's short-run aggregate supply curve shifts leftward. e. a recessionary gap develops.