Using Figure 1 below, if the aggregate demand curve shifts from AD2 to AD3 the result in the long run would be:

In the income-expenditure model, the 45-degree line

A) shows total expenditures at various price levels. B) marks all equilibrium output levels. C) is also called the planned expenditures line. D) is the locus of all the points for which output equals expenditures.

From the table above, which gives data about the U.S. labor market in 1933, the labor force is

A) 48 million. B) 60 million. C) 65 million. D) 100 million. E) 12 million.