When the price of bread increases by 3 percent, the quantity demanded of crackers increases by 2 percent. The cross elasticity of demand between crackers and bread is:

If the expected gains on stocks rise, while the expected returns on bonds do not change, then

A) the demand curve for bonds will shift to the right. B) the supply curve for loanable funds will shift to the right. C) the equilibrium interest rate will fall. D) the equilibrium interest rate will rise.

The table below shows the consumption schedule for a hypothetical economy. All figures are in billions of dollars.RGDPConsumption$600$590610598620606630614640622650630660638If investments were fixed at $12, taxes were zero, government purchases of goods and services were zero, and net exports were zero, then equilibrium real GDP would be $610 initially. If government purchases were then raised from $0 to $4, other things constant, the equilibrium real GDP would become

A. $630. B. $640. C. $650. D. $660.