In the money market, a condition of excess supply of money can be eliminated by a ________ in aggregate output or a ________ in the interest rate, everything else held constant

If the price of gasoline increases, what will be the impact in the market for public transportation?

A) The quantity of public transportation demanded decreases. B) The quantity of public transportation demanded increases. C) The demand curve for public transportation shifts to the right. D) The demand curve for public transportation shifts to the left.

________ is the ability to produce more of a good or service than competitors when using the same amount of resources

A) Comparative advantage B) Trade autarky C) Trade superiority D) Absolute advantage