Which statement best describes the U.S. economy shown in the chart?

In Figure 1, if policymakers do nothing, what happens in the short run?

The situation in Figure 1 is most closely related to:

According to the productivity idea from class, which of the following could cause GDP per capita to rise over time?

Which of the following could help explain faster GDP per capita growth in Lithuania and Poland after transition? Select all that apply.

Korea grew at a rate of 3.4% per year. In 35 years, how many times (or by what total percentage) did South Korea’s per-person RGDP increase?

Suppose policymakers respond to Figure 1 with expansionary fiscal policy. What would this most likely do?

In Figure 2, if policymakers do nothing, what happens in the short run?

My phone, smartwatch, tablet, and other electronic devices are out of reach unless specifically permitted by my instructor.

My testing area is free of notes, textbooks, papers, or other materials that are not authorized for the exam.