The money market is in equilibrium when there is no excess supply of or excess demand for bonds

In the double-entry bookkeeping system used to track the economy, _____

a. the value of aggregate output equals the aggregate income paid for the resources used to produce that output b. government spending on transfer payment is recorded c. the earnings of all shareholders in the economy from the sale of shares are recorded d. inventories are counted twice, once as investment and once as output e. intermediate goods are counted twice, once as a type of output themselves and once as part of the final output

When the price of a good or service changes a. the supply curve shifts in the opposite direction. b. the demand curve shifts in the opposite direction. c. the demand curve shifts in the same direction

d. there is a movement along a given demand curve.