The table above gives data for the nation of Pearl, a small island in the South Pacific. If aggregate demand increases so that the quantity of real GDP demanded is $6 billion more at each price level, the new equilibrium real GDP is ________, and the nation is now experiencing a(n) ________.

Which of the following is an example of a nation with a traditional economy?

a. the national government has mandated that 100,000,000 tons of butter be produced each year b. techniques used for growing wheat have been unchanged for centuries c. due to high fuel prices, many fuel-efficient cars are being produced d. economic authorities have ordered industry to produce tanks and heavy weaponry instead of food

Democrats often argue in favor of what to push the economy toward economic recovery, as they did during the recession that began in 2008?

A. Tax cuts B. Increase government spending C. Decrease government spending D. Encourage the public to save more