The costs of pollution are subtracted from the value of final sales before calculating GDP.

If the Fed lowers the federal funds rate, eventually the

A) AS curve shifts rightward, decreasing real GDP and raising the price level. B) AS curve shifts leftward, decreasing real GDP and raising the price level. C) AD curve shifts leftward, decreasing real GDP and raising the price level. D) AD curve shifts leftward, decreasing real GDP and lowering the price level. E) AD curve shifts rightward, increasing real GDP and raising the price level.

How did people like Mark Zuckerberg of Facebook and the late Steve Jobs of Apple become so rich?

A) by obtaining large subsidies from powerful politicians B) mostly by stealing from those who were less fortunate C) by providing highly valued goods and services to consumers at attractive prices D) by acquiring more years of schooling than almost anyone else