Assume that the economy is operating in long-run equilibrium. To balance the budget, the government raises personal income taxes. In the shortrun, the increase in personal income taxes would most likely cause each of the following changes.1. Aggregate Demand 2. Short-run Aggregate Supply 3. Price Level Real 4. Gross Domestic Product

Which of the following might cause the inflation rate to spike up sharply? the purchasing power of the average consumer decreases due to a sluggish economy. plentiful rainfall and moderate temperatures result in good harvests of wheat and soybeans. the items in the cpi market basket change to account for changing consumer buying habits. prices on world oil markets rise steeply due to war in the middle east.

Which of the following is true of emotions? (a) a neurologically-intact baby can show at least six distinct emotions at birth. (b) the character of emotions changes as we develop cognitively. (c) basic emotions are culturally- and developmentally-based. (d) in general, adults cannot interpret infant emotions until the infants are 10 to 12 months old.

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