Based on the answer above, the price for Nike shoes_____________ and the quantity demanded for Nike shoes ____________

If the FOMC decides that the Fed should buy bonds it

A) instructs the New York Federal Reserve Bank's trading desk to buy them. B) asks the Congress for permission to buy them. C) requires the permission of the Financial Oversight Committee. D) requires the President's signature on the buy order.

If Fred's marginal utility of pizza equals 10 and his marginal utility of salad equals 2, then

A) he would give up 5 pizzas to get the next salad. B) he would give up 5 salads to get the next pizza. C) he will eat five times as much pizza as salad. D) he will eat five times as much salad as pizza.