The above figure shows a graph of the market for pizzas in a large town. What are the equilibrium price and quantity?

Decreases in autonomous spending have a contractionary effect and make ________ levels of real income consistent with a given interest rate

A) lower B) higher C) constant D) none of the above.

The aggregate production function is an equation that shows the relationship between ________ and ________

A) the inputs employed by firms; the maximum output firms can produce with those inputs B) the inputs employed by an individual firm in an economy; the average of the inputs employed by all firms in an economy C) the output produced by an individual firm in an economy; the average of the output produced by all firms in an economy D) the average level of capital used in production in an economy; the average level of labor used in production in an economy