A shift from S1 to S2 causes equilibrium price to __________ and quantity to __________.

Ron spends $150 on movie tickets and pizza. The price of a pizza is $10 and a movie ticket is $7.50

With the quantity of movies measured along the vertical axis, the slope of Ron's budget line (with movies on the vertical axis) is ________ per pizza A) 1.33 movies B) -1.33 movies C) 0.75 of a movie D) -0.75 of a movie

The vital link between the real and monetary sectors of the economy is the:

A) price level. B) interest rate. C) balance of payments. D) budget deficit.