Exhibit 1A-1 Straight line
In Exhibit 1A-1, the slope of straight line AB is:

Supply shocks after 1985

A) forced the Fed to follow restrictive monetary policy and caused a negative output ratio. B) forced the Fed to follow restrictive monetary policy and caused a positive output ratio. C) allowed the Fed to follow accommodative monetary policy and caused a negative output ratio. D) allowed the Fed to follow accommodative monetary policy and push the output ratio toward zero.

Which of the following is an example of price discrimination?

a. Seniors paying a lower price for tickets at movie theatres b. Students paying discounted rates on travel c. Tourists paying higher prices on local attractions than locals d. All of the above