Compared to perfect competition, a monopolistically competitive market will produce ________ output and charge a ________ price

If housing prices are expected to increase, then, other things equal, the demand for houses will ________ and that of Treasury bills will ________

A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase

If the U.S. government increases its expenditures (without any changes in taxes) while the Federal Reserve Bank decreases the money supply:

A. the AD curve would likely shift to the right. B. the AD curve would likely remain unchanged. C. the AD curve would likely shift to the left. D. what happens to the AD curve is unclear.