Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

When considering changes in tax policy, economists usually focus on

A) people's ability to pay taxes. B) the marginal tax rate. C) the average tax rate. D) people's willingness to pay taxes.

Which of the following functions of money would be violated if inflation were high?

A) store of value B) medium of exchange C) unit of account D) certificate of gold