Refer to Figure 21-25. Suppose the price of good X is $10, the price of good Y is $5, and the consumer’s income is $210. Then the consumer’s optimal choice is represented by a point on which curve?

Which of the following has not influenced global poverty rates?

A. Gini coefficient B. Increasing population C. Income polarity D. Differential access to health care

A decrease in aggregate demand in the Classical model leads to

A) lower prices and lower output. B) lower prices and higher output. C) lower prices and unchanged output. D) unchanged prices and output.