Refer to Figure 18.1. ________ has a comparative disadvantage in bicycles and ________ has a comparative disadvantage in hang gliders

Historical evidence seems to indicate that

A) budget and trade deficits generally move in the same direction. B) budget and trade deficits generally move in the opposite direction. C) trade and budget deficits decrease when the president is a Republican, and increase when the president is a Democrat. D) there is no consistent relationship between trade and budget deficits.

The supply of reserves __________ when the federal funds rate __________

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; changes