Exhibit 3-21 Demand and supply curves Price per unit (dollars) Quantity if the market supply increases and, simultaneously, market demand decreases, the new equilibrium will show: O a. market price will increase, and market quantity exchanged will decrease. O b. market price will increase, and the quantity exchanged could increase, decrease, or remain the same. O c. market price could increase, decrease, or remain the same, and quantity exchanged will increase. O d. market price will decrease, and market quantity exchanged could increase, decrease, or remain unchanged.Exhibit 15-8 Billions of GDP data dollars Personal consumption expenditures IBSC nteres Corporate profits 150 Government spending 400 Depreciation Rental income 70 Gross private domestic investment 120 Compensation of employees 330 Exports 120 mports 70 Indirect business taxes Proprietors' income 120 personal income taxes 110 Social Security take 50 Transfer payments 160 In Exhibit 15-8, and using the expenditures approach, gross domestic product (GDP) equals: O a. F1,420 billion. O b. 12, 460 billion. O c. $1,450 billion. O d. $2,430 billion.Exhibit 3-11 Demand and supply curves Panel A 10 Price per unit (dollars) 100 200 300 400 500 600 Quantity Panel B Price per unit (dollars) 100 200 300 400 500 600 Quantity In Exhibit 3-11, in Panel A the movement from point A to point B describes a(n): O a. increase in the quantity demanded and an increase in supply. O b. decrease in the quantity demanded and a decrease in supply. O c. decrease in demand and a decrease in the quantity supplied. O d. increase in demand and an increase in the quantity supplied.Exhibit 3-7 Demand and supply curves 75 Price 50 per unit (dollan) 25 Quantity n Exhibit 3-7, if price happened to currently be $75 in this market, a would result, causing a(n) in price. O a. surplus; decrease O b. shortage: increase O c. surplus; increase O d. shortage; decrease