Question: 26. A change in prices causes a change in quantity supplied and will simply.r be a movement along the existing supply curve. 16. Macro equilibrium

26. A change in prices causes a change in quantity supplied and will simply.r be a movement along the existing supply curve. 16. Macro equilibrium occurs at the point at which aggregate demand is greater than aggregate supply. O True O False8. Which of the following is NOT a desireable characteristic of money? O portable O divisible O attractive O distinguishable6. Using the Possibilities Production Frontier explain the concept of opportunity cost (moving from D to A and B to C). A B Quantity of Guns Produced C = - 50 D L +10 +10 Quantity of Butter Produced3. According to the law of diminishing marginal utility. each additional unit of a good consumed yields less additional utility. 2. In the second half of the 20th century more women entered the labor market. That caused a shift in the labor supply curve in many industries to shift to the

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