Gross revenue minus explicit and implicit costs is equal to

All of the following shift the aggregate demand curve to the right EXCEPT

A) an increase in expected future profit. B) an increase in foreign income. C) an increase in government expenditure. D) an increase in taxes. E) an expansion of the global economy.

Refer to Figure 17-1. What should the Federal Reserve do if it wants to move from point A to point C in the short-run Phillips curve depicted in the figure above?

A) raise taxes B) raise the discount rate C) buy treasury bills D) sell treasury bills E) decrease the money supply