The actual dollar value of the costs would have to be ________ the actual dollar value of the benefits for an investment in early childhood education to be justified in present value terms.

As the real wage rate rises, the opportunity cost of

A) working rises. B) saving rises. C) leisure rises. D) buying goods and services rises. E) leisure falls.

Suppose there is an increase in expected future output. This will cause which of the following to occur?

A) the IS curve to shift left in the current period B) the IS curve to shift right in the current period C) the LM curve to shift up in the current period D) the LM curve to shift down in the current period