The above figure shows the total revenue curve for Dizzy Discs. The demand curve for CDs sold by Dizzy Discs

Country X has experienced GDP growth of 4 percent and a population growth of 5 percent. What is this country's growth of per capita real GDP?

A) -1 percent B) 1 percent C) 9 percent D) -9 percent

Suppose there is a reduction in the expected future interest rate. This will cause which of the following to occur?

A) the IS curve to shift left in the current period B) the IS curve to shift right in the current period C) the LM curve to shift up in the current period D) the LM curve to shift down in the current period