Refer to Table 9-6. What is the value of $A in stage 1?
A) $100
B) $200
C) $600
D) $800
Ans: B) $200
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In the figure above, as the price level increases, the aggregate demand curve will
A) shift from AD1 to AD3 and then back to AD1. B) shift from AD1 to AD3. C) shift from AD1 to AD2. D) not shift, but the aggregate demand curve will change so that it is positively sloped. E) not shift.
How does the textbook distinguish between coercion and persuasion? Coercion induces cooperation by
A) making only a majority better off, persuasion by making everyone better off. B) making nearly everyone better off, persuasion by making only a few people better off. C) threatening to reduce people's options, persuasion by promising to increase their options. D) using force, persuasion by using rational argument.