In Keynes's liquidity preference framework, as the expected return on bonds increases (holding everything else unchanged), the expected return on money ________, causing the demand for ________ to fall

Shortage

What will be an ideal response?

Consider the production possibilities curve for an economy producing only two commodities wheat (represented on the X axis) and wine (represented on the Y axis). A movement up along the production possibilities curve [PPC] will imply:

a. an increase in wheat production. b. an increase in both wheat and wine production. c. a decline in both wheat and wine production. d. an increase in wine production. e. no change in either wheat or wine production.