The natural employment surplus is

Assume that a consumer can spend $20 on two goods–pens and pencils. If the price of one pen is $5 and the price of one pencil is $2, which of the following combinations of the two goods represents a point on the consumers budget constraint?

A) 3 pens and 2 pencils B) 1 pen and 10 pencils C) 2 pens and 5 pencils D) 2 pens and 3 pencils

Which of the following would cause the long-run aggregate supply curve to shift?

A) an increase in the price level B) a decrease in the expected price level C) an increase in labor productivity D) an autonomous increase in consumption spending