When demand rises and supply remains the same, equilibrium price _______ and equilibrium quantity ____________.

From a Keynesian perspective, a short-run decrease in investment spending will shift the aggregate

A) supply curve to the left. B) supply curve to the right. C) demand curve to the left. D) demand curve to the right.

Employing the New Keynesian concepts of "macroeconomic externality" and "coordination failure":

if nominal aggregate demand and marginal cost fall by the same proportion, society ________ afford to compensate firms for the profit they lose when they ________. A) can, bear the menu costs of changing prices B) can, hold prices constant C) cannot, bear the menu costs of changing prices D) cannot, hold prices constant