Everything else held constant, if aggregate output is to the ________ of the LM curve, then there is an excess ________ of money which will cause the interest rate to fall

A) right; supply
B) right; demand
C) left; supply
D) left; demand

C

Economics

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The health care system in the United Kingdom is referred to as ________, under which the government owns most of the hospitals and employs most of the doctors

A) an out-of-pocket system B) a single-payer health care system C) a universal health insurance system D) socialized medicine

Economics

Different points along a downward-sloping demand curve come fromĀ 

A. tangencies between indifference curves and budget lines that represent different prices of the good. B. tangencies between indifference curves and budget lines that represent different income levels. C. different points along any one budget line when the prices of the goods are held constant. D. different points along any one indifference curve when the prices of the goods are held constant.

Economics