The aggregate supply curves show how much a nation's businesses are willing and able to produce at each price level

A shock that could trigger a recession is a

a. large increase in oil prices b. stock market bubble c. sudden increase in military spending d. large decrease in oil prices e. sudden decrease in the interest rate

If the government cuts income taxes, then the

a. investment curve will shift upward b. investment curve will shift downward c. consumption curve will shift downward d. consumption curve will shift upward e. economy will move to a new point along the existing consumption curve