Which of the following changes aggregate supply and shifts the AS curve? i. a change in the price of a major resource ii. increases in the amount of capital iii. a change in the money income of consumers

A patent is a government protection that gives

A) monopolies the right to be sole producers due to economies of scale. B) consumers the right to sue when products are unsafe. C) companies the right to produce any good they choose. D) inventors exclusive rights to their product for a time.

Suppose an appreciation of the French franc causes U.S. prices of French wine imports to rise sharply. On the other hand, Californian wine becomes relatively inexpensive to French consumers. Other things equal, this will result in:

a. an increase in U.S. aggregate expenditures and an increase in the aggregate quantity of U.S. goods and services demanded. b. a decrease in U.S. aggregate expenditures and a decrease in the aggregate quantity of U.S. goods and services demanded. c. an increase in U.S. aggregate expenditures and a decrease in the aggregate quantity of U.S. goods and services demanded. d. no change in either U.S. aggregate expenditures or the aggregate quantity of U.S. goods and services demanded. e. a decrease in U.S. aggregate expenditures and an increase in the aggregate quantity of U.S. goods and services demanded.