Suppose India and France have the same PPF, shown in the figure above. Based on their current production points, India's most likely future PPF is ________ and France's most likely future PPF is ________

Changes in prices of a good causes

a. Movement along the demand curve b. Movement along the supply curve c. No effect to either curve d. Both a and b

At low levels of employment, the Keynesian aggregate supply curve:

a. tilts downward to the right. b. tilts upward to the right. c. is vertical. d. shows a constant price level. e. shows a rising price level.