5) AP Macro: To discourage investment, the central bank could

4) AP Macro: An individual sells $1000 of government securities to the central bank and puts the money under his mattress. The result would be

3) AP Macro: Suppose a the price of electricity falls. This will cause

2) AP Macro: In determining the AE function for an open economy, it is generally assumed that

1) AP Macro: Transfer payments are not included in the government component in the calculation of GDP because

5) AP Micro: If government took action against a perfectly competitive industry for dumping toxic waste into the river, what would be the effect on the industry's output and price?

4) AP Micro: As output increases, a firm's short-run marginal cost will eventually increase because of

3) AP Micro: Under perfect competition, the market demand curve is typically

2) AP Micro: If demand is inelastic, it is expected that an increase in price will cause total expenditure to

1) AP Micro: Moving down a downward sloping straight-line demand curve, price elasticity of demand is