Highway and home construction had a boom from

Typically, the higher the level of income per person in a country, the higher the level of spending per person on health care. This relationship between income and spending indicates that health care is a

A) inferior good. B) necessity. C) normal good. D) luxury.

Everything else held constant, if aggregate output is to the ________ of the LM curve, then there is an excess ________ of money which will cause the interest rate to rise

A) right; supply B) right; demand C) left; supply D) left; demand