Suppose s = 0.18, Y = 4000, K = 6200, n = 0.02, and d = 0.08. This makes national saving ________ than steady-state investment, so that the amount of capital per worker is ________

If consumers suddenly have a greater desire for energy drinks, the price of energy drinks will likely ________ and producers will ________ production

A) increase; decrease B) increase; increase C) decrease; decrease D) decrease; increase

Countries that use the euro as their currency face similar concerns as countries did during the years of the gold standard in that each are (were)

A) using a floating currency. B) unable to conduct fiscal policy. C) unable to conduct monetary policy. D) using currency which is backed by gold.