Refer to the graph. Each labeled point represents a different asset. For which of these assets would we expect arbitrage to cause movement to a different point?

The bulk of federal receipts come from

A) property taxes and personal income tax. B) personal income tax and from payroll taxes. C) corporate income taxes and personal income tax. D) personal income tax and property taxes.

The full employment level of real GDP can be represented on an aggregate supply and demand diagram as a(n):

A. vertical line. B. upward-sloping line. C. horizontal line. D. downward-sloping line.