The government of Poorland increased its expenditure following a recession. This is likely to lead to ________

Joe has $50, which he spends on movies and pizza. If the price of a pizza falls, Joe can

A) consume more of both goods. B) consume more pizza only if he gives up some movies. C) consume more movies only if he gives up some pizza. D) consume more pizza only.

If the annual growth in a nation's productivity is 2.8 percent rather than 1.5 percent, then the nation's standard of living will double in about:

A.  20 years instead of 40 years B.  25 years instead of 47 years C.  46 years instead of 70 years D.  55 years instead of 115 years