Nancy buys a $150,000 home using $30,000 of her own money and gets a mortgage for the remaining $120,000 . If the price of the house increases 5%, what will Nancy's capital gain be?

Refer to the graph shown. If labor costs $10 per unit and machines cost $15 per unit, the economically efficient cost of producing 1,000 units of output is:

A. $100. B. $300. C. $150. D. impossible to determine using the information given.

In the IS-LM model, a decrease in government purchases leads to a(n) ______ in planned expenditures, a(n) ______ in total income, a(n) ______ in money demand, and a(n) ______ in the equilibrium interest rate.

Fill in the blank(s) with the appropriate word(s).