Everything else held constant, when stock prices become ________ volatile, the demand curve for bonds shifts to the ________ and the interest rate ________

The interbank market trafficking in reserves is known as the ________

Fill in the blank(s) with correct word

What is an example of the substitution effect?

A. The firm expands output when production costs fall. B. The firm hires more labor when the wage falls because labor has become relatively cheaper compared to the price of other factors of production. C. Workers choose to provide more hours of labor when the wage rate decreases. D. More labor is hired as long as the marginal product of labor is positive. E. The firm expands output when production costs increase.