Bonds issued by state and local governments are called _____ bonds. Bonds issued by financially shaky corporations are called _____ bonds. Of these two, which type of bond usually pays a relatively higher interest rate?

The lack of an entrepreneurial class in developing nations tends to:

A. Keep workers from migrating to cities from rural areas B. Reduce the level of capital investment C. Force the need for land reform D. Keep governments stable

Use the following graph, which shows an aggregate demand curve, to answer the next question. If the price level increases from 150 to 250, the real output demanded will ________.

A. increase by $200 billion B. decrease by $200 billion C. decrease by $600 billion D. increase by $800 billion