The supply curve for bonds has the usual upward slope, indicating that as the price ________, ceteris paribus, the ________ increases

If sanctions are imposed on buyers but NOT on sellers of an illegal good, then the equilibrium price ________ and the equilibrium quantity ________

A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases

When banks involved in trading activities attempt to outguess markets, they are

A) forecasting. B) diversifying. C) speculating. D) engaging in riskless arbitrage.