A deficit in our balance of payments causes the dollar to __________, which causes the deficit to __________

Expansionary monetary policy causes a ________ the MP curve and a ________ the aggregate demand curve

A) movement to the right along; shift to the right of B) downward shift of; shift to the right of C) movement to the left along; movement down along D) upward shift of; shift to the right of

One implication of the phenomenon described by economist Richard Easterlin as the "hedonic treadmill" is that:

A. People who consume more goods and services are happier than those who consume less B. People can only become happier if they are consuming more and more C. There is a threshold of consumption that one must cross before one can be happy D. We can combine the happiness of different individuals to get "total happiness"