Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

The Affordable Care Act is intended to reduce the price of health care. A decrease in the price of health care may

A) increase the number of doctors office visits if office visits are considered an inferior good and the substitution effect dominates the income effect. B) decrease the number of doctors office visits if office visits are considered an inferior good and the substitution effect dominates the income effect. C) increase the number of doctors office visits if office visits are a normal good. D) Both A and C.

According to the text, the highest 20 percent of U.S. income households earn about what percentage of total income today?

A) 10 percent B) 20 percent C) 50 percent D) 99 percent