An increase in the sensitivity of private spending (consumption, investment, and net exports) to changes in the interest rate ________ the government purchases multiplier

U.S. gross national product is defined as

A) the value of final goods and services produced within the United States. B) the value of final goods and services produced outside of the United States. C) the value of final goods and services produced by residents of the United States even if the production takes place outside of the United States. D) the value of final goods and services produced within the United States, by United States residents.

In Figure 5.8, if the supply curve moves from S2 to S4,

A. the firm will make a smaller economic profit than they used to. B. the firm will go from making an economic profit to a loss but one that is not big enough to make it want to shutdown. C. the firm will go from making an economic profit to a loss that is big enough to make it want to shutdown. D. the firm will go from making an economic profit to a normal profit.