Exhibit 7-1 Production of pizza data
Workers
Pizzas
0
  0
1
  4
2
10
3
15
4
18
5
19
Exhibit 7-1 shows the change in the production of pizzas as more workers are hired. The marginal product of the second employee equals:

A decrease in the price level in the United States will have what effect on the aggregate expenditure line?

A) Aggregate expenditure will shift downward. B) Aggregate expenditure will shift upward. C) Aggregate expenditure will become steeper. D) Aggregate expenditure will not be affected by a decrease in the price level in the United States.

Which type of exchange rate system minimizes external shocks to an economy?

What will be an ideal response?