Everything else held constant, if a central bank makes an unsterilized sale of foreign assets, then the domestic money supply will ________ and the domestic currency will ________

If a firm buys its labor in a competitive market, then a short-run increase in the price of the firm's output will cause the firm to

A) offer a higher wage. B) hire fewer workers. C) hire more workers. D) offer a lower wage.

If both prices increase by 10 percent and money income remains constant, the budget line for both goods in question will:

a. become steeper b. become flatter c. will have the same slope d. will become vertical.