If U.S. real interest rates fall, international repercussions put _________________ pressure on the price level and __________________ pressure on Real GDP in the United States

Refer to the figure above. The slope of the production function between ________ and ________ indicates negative returns to labor

A) Point B; Point C B) Point A; Point C C) Point A; Point B D) the origin; Point A

The supply and demand for wheat are given by

QS= 20 + 100p QD = 4000 - 100p +10Y Where Y is the average consumer income. a. Compute the partial derivative of quantity demand with respect to changes in average consumer income. b. Solve for the equilibrium price and quantity as functions of the consumer income. c. Compute the derivatives of the equilibrium price and quantity with respect to income.