In the 1990s the United States' economy generated more than _______ million additional jobs.

If a market begins in equilibrium and then the demand curve shifts leftward, a

A) surplus is created, which is eliminated by a rise in price. B) shortage is created, which is eliminated by a rise in price. C) shortage is created, which is eliminated by a fall in price. D) surplus is created, which is eliminated by the supply curve shifting leftward. E) surplus is created, which is eliminated by a fall in price.

If a tax was instituted such that every dollar collected in taxes from high income households resulted in a distribution of $.80 to low income households

A) efficiency and equality of incomes would both decrease. B) equality of incomes would increase but efficiency would decrease. C) efficiency would increase but equality of incomes would decrease. D) efficiency and equality of incomes would both increase.