Borrowing money from other countries is rarely a good idea

The reason that it is possible for the economy in the above figure to be at equilibrium point E2 rather than at equilibrium point E1 is that

A) in the long run there is always less than full employment. B) in the short run the economy can produce more than it can in a long-run situation. C) AD always shifts rightward and never shifts leftward. D) the economy must be in a recession.

Which economist said, "This focus on distribution makes the significance of distributional issues (transfer issues) in political life relatively greater and the significance of widespread common interest in political life relatively smaller."?

A) John Maynard Keynes B) Milton Friedman C) David Friedman D) Mancur Olson E) David Ricardo