In the short run, a rightward shift of the short-run aggregate supply curve ________ real GDP and ________ the price level

The United States has ________ social insurance programs, and generally has a ________ unemployment rate, as compared to Canada and Western Europe

A) less generous; lower B) more generous; greater C) less generous; greater D) more generous; lower

Which of the following activities, if any, represents an external cost? a. The benefits that accrue to society when an individual receives a college education

b. The increase in property values of vacant lots in an area near where a new amusement park is constructed. c. The pollination of apple trees that occurs when a beekeeper locates next door to an apple orchard. d. None of the above