Hello,

Please help me.

QUESTION 39

If the aggregate demand curve shifts rightward,

the price level increases and output decreases

the resulting increase in the price level is usually called cost-push inflation

the resulting increase in the price level is usually called demand-pull inflation

the price level increases only if there is also a leftward shift of the aggregate supply curve

the price level decreases and output decreases

QUESTION 42

Economists generally assume that

firms act to maximize the dividends paid to stockholders

households act to maximize their wealth

households act to maximize utility

firms act to maximize revenue

both households and firms act to minimize expenditures

QUESTION 43

Refer to Exhibit 4-10. A shift from supply curve S to supply curve S' could be caused by a(n)

decrease in consumer income

increase in the current price of the product

patent application that restricts the use of a particular production technology

several competing producers going out of business

supplier expecting higher product prices in the future

QUESTION 46

Economists believe that

people who choose to promote the interests of others cannot be acting rationally in their own self-interest

people show concern only for those whom they know personally

charitable donations would disappear if tax deductions for charitable giving were eliminated

the notion of self-interest rules out concern for others

concern for the welfare of others is consistent with the concept of self-interest

QUESTION 49

GDP is a poor measure of social well-being because

the value of leisure time is not counted in GDP

revenue earned on U.S. exports is ignored

each dollar of government spending is valued at less than one-half of private spending

consumer spending is more important than business spending and should be considered more valuable

it values products at their market prices but ignores services produced

QUESTION 50

Cyclical unemployment results from

a mismatch of skills

being in the wrong geographical location

taking the time to find the best job

seasonal decreases in demand for labor

a recession in the economy

Thank you very much!