Refer to the figure above. If there is no wage rigidity in the labor market, how much unemployment is created after the labor demand curve shifts to LD2?

If the tax on a good is tripled, the deadweight loss of the tax

a. remains constant. b. triples. c. increases by a factor of 9. d. increases by a factor of 12.

Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests:

A. an increase in the quantity of Y demanded.
B. a decrease in the quantity of Y demanded.
C. a leftward shift in the demand curve for Y.
D. a rightward shift in the demand curve for Y.