In the Classical model, a decrease in the money supply __________ the real GDP and __________ the price level

If the interest rate received in Mexico is greater than that obtained in the United States,

A) the demand for loans will increase in Mexico. B) the supply of loans will decrease in the United States. C) the supply of loans will decrease in Mexico. D) the demand for loans will decrease in the United States.

For economists, "myopia" refers to:

A. visual nearsightedness. B. people's difficulty in conceptualizing the future. C. people's tendency to put too much emphasis on the future and ignore important present concerns. D. people's tendency to focus on microeconomic concerns because of an inability to conceptualize macroeconomics.