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

Refer to the information provided in Figure 31.1 below to answer the question(s) that follow. Figure 31.1Refer to Figure 31.1. Which of the following causes the ppf to shift from ppf2 to ppf3?

A. an increase in the population B. a decrease in the labor force C. technological progress D. a decrease in capital stock

Deficits and surpluses in the balance of payments are eliminated by ____ in a pure flexible exchange rate system

a. the market mechanism b. financial borrowings c. reserve movements d. changes in fiscal and monetary policies