please zoom in to see Question 1In the US economy, the money supply is controlled by the..O US. TreasuryO Federal Reserve SystemO Senate committee on banking and financeO CongressQuestion 2Refer to the information provided in Figure 1 to answer this questionFigure 1$A0OD₁ D₂Number of pizzasper monthAssume the market is initially at Point B and that pizza is a normal good. An increase in consumers' income would cause the market to move from Point B on demand curve D2 to:OOO point C on demand curve D2point A on demand curve D₂AQuestion 3Bdemand curve DI18demand curve D3O 95 millionO 102 milionO 105 millionO 145 millionRefer to the information provided in Table 1 below to answer this question;Unemployed7145Total PopulationEmployed95Discouraged workers3The table 1 above contains information about the hypothetical economy of Scoob. All figures are in millions. The labor force in Scoob is:Question 4D3QThe Prime Minister of Richlandia hires you as an economic consultant. He is concerned that the output level in Richlandia is too low and that this will cause unemployment to rise. Which of the following would be the best advice to give to the Richlandian Prime Minister?O Increase government spending and decrease taxesO Reduce taxes and government spendingO Increase taxes and government spendingO None of the above

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Question 1 In the US economy, the money supply is controlled by the US Treasury O O Federal Reserve System O Senate committee on banking and finance O Congress Question 2 Refer to the information provided in Eigure 1 to answer this question Figure 1

Question 1 In the US economy, the money supply is controlled by the US Treasury O O Federal Reserve System O Senate committee on banking and finance O Congress Question 2 Refer to the information provided in Eigure 1 to answer this question Figure 1

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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