Suppose the number of buyers in a market decreases. As a result, would the demand curve in this market shift to the right or to the left?

If the government raises income taxes, then the equilibrium amount of employment ________ and potential GDP ________

A) increases; decreases B) does not change; does not change C) increases; increases D) decreases; increases E) decreases; decreases

How many of the following business cycle facts can be explained if the primary cause of business cycles is temporary changes in total factor productivity: procyclical consumption, procyclical investment, procyclical employment, and procyclical real

wages? A) one B) two C) three D) four