Refer to Figure 10-7. Suppose the price of Pilates sessions rises to $30 while income and the price of Yoga sessions remain unchanged. What is her new optimal bundle?
A) still remains at bundle A. B) bundle B.
C) bundle C. D) bundle D.
C
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Between 1973 and 1995, what changes occurred in the labor force and the capital stock that caused a productivity slowdown?
A) The growth of the capital stock and the growth of labor hours increased. B) The growth of the capital stock and the growth of labor hours slowed. C) The growth of the capital increased slowed and the growth of labor hours slowed. D) The growth of the capital stock slowed and the growth of labor hours increased.
An increase in government spending leads to a(n)
a. downward shift of the aggregate expenditure line and a leftward shift of the money demand curve b. upward shift of the aggregate expenditure line and a rightward shift of the money demand curve c. downward shift of the aggregate expenditure line and a rightward shift of the money demand curve d. upward shift of the aggregate expenditure line and a leftward shift of the money demand curve e. upward shift of the aggregate expenditure line but no shift of the money demand curve