Using Figure 1 above, if the aggregate demand curve shifts from AD1 to AD2 the result in the short run would be:

The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city

If the marginal external cost is $10 per ton at every quantity of steel produced, the equilibrium quantity when the steel industry is unregulated is ________ tons per week. A) 5 B) 15 C) 20 D) 25

A fall in the price of bonds may lead to a(n):

A) decrease in aggregate demand and the price level due to a decrease in net exports. B) decrease in aggregate demand and an increase in the price level due to a decrease in investment. C) increase in aggregate demand due to an increase in net exports. D) increase in aggregate demand due to an increase in investment.