Export supply curves are __________________; import demand curves are ___________________

If an individual redeems a U.S. savings bond for currency

A) M1 stays the same and M2 decreases. B) M1 increases and M2 increases. C) M1 increases and M2 stays the same. D) M1 stays the same and M2 stays the same.

For this question, assume that the economy is initially operating at the natural level of output. An increase in consumer confidence will cause

A) a reduction in the real wage in the medium run. B) an increase in the real wage in the medium run. C) no change in the real wage in the medium run. D) ambiguous effects on the real wage in the medium run.