In the above figure, if income is $8, the initial price of a soft drink is $1, and the initial price of a milkshake is $2, a decrease in the price of a milkshake to $1 will move the consumer from point ________ to point ________

In a two-period model, holding everything else constant, an increase in government spending

A) unambiguously increases the current account surplus. B) unambiguously decreases the current account surplus. C) has an uncertain effect on the current account surplus. D) has no effect on the current account surplus.

Some economists believe that because the government ______________ discouraged workers as unemployed, the unemployment rate is biased ________________

A) counts; upward B) counts; downward C) does not count; upward D) does not count; downward