In the long run, an increase in consumer spending would cause output to ________ and the price level to ________

It is true that __________ changes in velocity cause __________ changes in real GDP

A) small; no B) large; no C) small; large D) large; small

Let X be the number of hours you spend studying for an exam on Wednesday afternoon and Y be your chances of winning the Wednesday night state lottery. What kind of a relationship do you most likely expect between X and Y?

A) direct B) inverse C) linear D) 45-degree line E) independent