When demand falls, the price charged by a monopoly under an average-cost pricing policy will fall.

Movements along the demand curve are called changes in

a. demand b. opportunity costs c. quantity demanded d. the substitution effect e. preferences

Some economists argue that the Fed set its federal funds rate target "too _________" in the early 2000s, which was one of the contributing factors which led to ____________ mortgage interest rates and a(n) ___________ housing prices

A) low; low; increase B) low; low; decline C) high; high; decline D) high; high; increase