Product % Change in Income % Change in Quantity Demanded W -1 -1 X +6 +3 Y -1 +1 Z +4 +8 Refer to the above table. Which product is a normal good but least responsive to a change in income?

A temporary decline in productivity would cause the IS curve to

A) shift up and to the right. B) shift down and to the left. C) remain unchanged. D) shift up and to the right only if people face borrowing constraints.

The overall performance of the economic system as a whole is the focus of

a. international finance b. labor economics c. microeconomics d. macroeconomics e. public economics