In 2008, Computers, Inc produced personal computers worth $20 million. If $16 million worth were sold and $4 million worth remained unsold at year end and were added to inventories, how much did Computers, Inc contribute to GDP in 2008?

Measured between two points on a curve, the ratio of the change in the variable on the vertical axis to the change in the variable on the horizontal axis is the:

a. axis. b. slope. c. dependent curve. d. independent curve.

Suppose an increase in aggregate demand raises the price level. What would be the effect on the total money demand curve?

What will be an ideal response?