The production possibilities frontier will shift if there is a change in

When the price level increases there is ________ movement along the aggregate demand curve because the buying power of money ________

A) a downward; increases B) an upward; increases C) an upward; decreases D) no; does not change E) a downward; decreases

A central theme of the new growth theory is that

A) firms don't really experience profit. B) humans can work harder than previously thought. C) the government is more efficient than private markets. D) the economy doesn't experience diminishing returns. E) firms don't experience diminishing returns.