The IPAT equation links several variable together to estimate the relationship between, P, A, and T. The T in the IPAT equation is used to represent __________.

The Nash equilibrium is

The efficient scale for this firm is where _________.

From an initial IS-LM equilibrium, suppose that money supply falls. At the new IS-LM equilibrium we have some combination of a ________ output level and a ________ interest rate.

Derive the equation of the aggregate demand curve. A)

The time between when a recession begins and when the Federal Reserve lowers the interest rate to stimulate aggregate demand is an example of an

Consider an economy that is experiencing a recession. If the government does nothing to contain the recession

Equilibrium levels of output and interest rates are ______ related in the goods and services market, and equilibrium levels of output and interest rates are ______ related in the market for money.

An explanation for the slope of the IS curve is that as the interest rate increases, the quantity of investment ______, and this shifts planned aggregate expenditure  ______, thereby decreasing income.

Suppose the Federal Reserve wants to increase equilibrium output to 1,140. It can achieve this using monetary policy. By how much should the Federal Reserve increase the supply of money?