Workers at the local movie theater get a big increase in wages. What would happen to the supply of movies as a result of the wage increase?A.A leftward shift in the supply curve for moviesB.An increase in the price of popcornC.An increase in the price of moviesD.A decrease in the price of moviesE.An increase in the quantity demanded for movies

Movies delivered over the Internet might have what effect on the market for movies in movie theaters?Multiple ChoiceA demand shift to the rightA demand shift to the leftA supply shift to the leftA supply shift to the right

Assume that an economy produces televisions and shoes. Which of the following would cause the production possibilities curve for this economy to shift outward? aAn increase in the labor force bAn increase in the prices of both goods cAn increase in the prices of resources used to produce both goods dA decrease in the demand for shoes eA change in consumers’ tastes in favor of televisions

Which of the following would cause a movement along the supply curve? A change in the cost of inputs A change in technology A change in the number of sellers A change in the price of the product

As product markets become less competitive and the markup rises, we would expect which of the following to occur?Group of answer choicesno change in the real wage in the medium runan increase in the aggregate price level as output increasesa reduction in the interest rate in the medium runno change in output in the medium runa reduction in the real wage in the medium run

Assume the economy is initially operating at the natural level of output. Which of the following events will initially cause a shift of the aggregate supply curve?Question 5Select one:a.an increase in the price targetb.an increase in government spendingc.a decrease in the money supplyd.an increase in taxese.None of the above.