The prosperity of a nation today is typically measured by its:
a. total output or gross national product

The value of corporate stocks and bonds traded in a given year is ________.

A. included in the calculation of GDP because it is a component of gross investment B. included in the calculation of net private domestic investment C. excluded from the calculation of GDP because it does not represent new production D. included in the calculation of gross private domestic investment

Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting downward C. Aggregate demand shifting rightward D. Aggregate demand shifting leftward