If real GDP decreased by 1% and nominal GDP increased by 2%, then output:

When a unit tax is placed on suppliers they are generally able to _____

a. lobby to get the tax repealed b. shift the tax payment to the demanders c. shift part of the tax burden to the demanders in the form of a secondary tax d. shift part of the tax burden to the demanders in the form of a higher price

If an asset has a risk-return combination that is below the Security Market Line (SML), then this indicates that the asset's:

A. Expected rate of return is lower than could be had from some combination of the risk-free asset and the market portfolio B. Expected rate of return is higher than could be had from some combination of the risk-free asset and the market portfolio C. Price will rise as arbitrage proceeds in the market D. Risk will rise as arbitrage proceeds in the market