Refer to Figure 14.1. Other things equal, a decrease in government spending on infrastructure projects is best represented as a movement from

A) A recent news report stated that the unemployment rate in the country Lithasia had increased from 10.2% to 18.2% from 2003 to 2013 and that the government has adopted strict fiscal measures to expand employment

Would this report be considered microeconomic or macroeconomic analysis? b) Students in a class are discussing how a monopolist should determine his profit-maximizing output. Would this discussion be considered microeconomic or macroeconomic analysis?

If a life can be saved for $250 using Method A and $260 using Method B,

a. it would be efficient to shift resources from A to B b. it would be efficient to shift resources from B to A c. both methods should be pursued to the maximum extent possible d. neither method should be used if methods with higher dollar values are available e. both methods are on the economy's production possibilities frontier