On the graph above, suppose the economy is at point F when there is a temporary negative supply shock. The new long-run equilibrium is at point ________

Nations with slower growth rates can "catch up" to rapidly growing countries by

A) using budget deficits as a long-run policy tool. B) adopting the technologies of the wealthier nations. C) pressuring the central bank to increase the money supply and reduce interest rates. D) raising the minimum wage. E) exporting more than it imports.

Consumer surplus can be used to compare the effects of any of the following except for different

a. market structures b. tax structures c. production technologies, such as capital-intensive versus labor-intensive d. public programs e. levels of medical care benefits