A cafeteria is willing to produce 100 cups of coffee when the price is $1 and 150 cups of coffee when the price is $1.30, other things being equal. The price elasticity of supply of coffee is

When comparing the slopes of the aggregate-demand and aggregate-supply curves to the slopes of demand and supply curves for specific goods and services, the explanations are

a) the same for all the curves. b) quite different for the aggregate curves from the specific market curves. c) the same for the demand curves but not the supply curves. d) the same for the supply curves but not the demand curves.

The LM curve will shift to the right, if there is a(n):

A) decrease in money supply. B) increase in real money demand. C) increase in money supply. D) increase in output.