Moral hazard is a problem for the insurance industry

If there is a decrease in foreign demand for U.S. goods due to a recession in Europe

A) the U.S. aggregate demand will shift right. B) the U.S. aggregate demand will shift left. C) the U.S. aggregate demand will not be affected. D) the U.S. aggregate demand will become steeper.

An increase in the demand for automobiles will increase the demand for labor used to produce the automobiles due to

a. an increase in the marginal revenue product of labor. b. a decrease in the marginal revenue product of labor. c. an increase in the marginal revenue product of automobiles. d. a decrease in the marginal revenue product of automobiles. e. a decrease in the price of automobiles.