When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ________

An example of perfect competition is when

a. many sellers compete and none control the market price b. several electronic companies form a cartel c. a seller decides to sell clothing, including shirts and jeans d. a seller is misinformed causing him or her to overprice goods

Demand-pull inflation is illustrated in the short run aggregate supply-aggregate demand model as a shift of the aggregate:

A. Supply to the right B. Supply to the left C. Demand to the right D. Demand to the left