If the United States buys inputs from France and the dollar appreciates relative to the euro, then Americans will have to pay ________________ for foreign inputs, and the U.S. SRAS curve will shift __________________

At the current quantity of table saws, the marginal social cost is more than the marginal social benefit. Then

A) production of table saws should be decreased to reach the efficient level. B) production of table saws should be increased to reach the efficient level. C) production of table saws is currently at the efficient level. D) producer surplus will be larger than consumer surplus.

Of the following items, which is least likely to be discussed by a teacher of macroeconomics?

a. the national employment b. the business cycles c. our unemployment policy d. national income accounting e. a firm's profit