Figure 4.3 illustrates the demand for tacos. A successful advertising campaign to sell tacos would bring about a movement from

Comment on the following statement. "Once general equilibrium is achieved this will result in a long-run equilibrium as well."

What will be an ideal response?

An increase in national income could by caused by which of the following?

A) an increase in gross domestic product B) a decrease in personal income C) an increase in depreciation D) an increase in personal taxes