On the graph above, an example of a negative demand shock is the movement from point ________ to point ________

Refer to Table 11.1. At the equilibrium level of output, y*, what is the trade balance?

A) -1,345.00 B) -985.00 C) -276.25 D) -186.25

If Country A produces 7,000 units of goods and services using 700 hours of labor, and if Country B produces 5,500 units of goods and services using 500 units of labor, then productivity is lower in Country A than in Country B

a. True b. False Indicate whether the statement is true or false