Refer to Figure 13-1. Ceteris paribus, an increase in government ...

[mydiamond]

Refer to Figure 13-1. Ceteris paribus, an increase in government spending would be represented by a movement from
 
  A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Question 2

Technological improvements are more likely to occur if
 
  A) the economy is centrally planned.
  B) economic decisions are made by politicians rather than entrepreneurs.
  C) entrepreneurs are compensated with higher profits for taking risks.
  D) companies face little competition in their markets.

[akudia]

Answer to Question 1

A

Answer to Question 2

C