The backward-bending supply curve of labor applies to _____

Workers expect inflation to fall from 4% to 1% next year. As a result, this should

A) move the economy up along a stationary short-run aggregate supply curve. B) shift the short-run aggregate supply curve to the right. C) shift the short-run aggregate supply curve to the left. D) move the economy down along a stationary short-run aggregate supply curve.

A financial market in which previously issued securities can be resold is called a ________ market

A) primary B) secondary C) tertiary D) used securities