What is viewed in the private sector as competition in the public sector is treated as _____

During 2012, a country reports that its price level fell and the money wage rate did not change. These changes led to a(n) ________ because their country experienced a(n) ________

A) decrease in the quantity of real GDP supplied; higher real wage rate and lower profits for firms B) increase in the quantity of real GDP supplied; higher real wage rate and lower profits for firms C) decrease in the quantity of real GDP supplied; lower real wage rate and lower profits for firms D) increase in the quantity of real GDP supplied; lower real wage rate and higher profits for firms E) decrease in aggregate demand; economic expansion

Suppose that banks pay 4 percent interest on checking accounts while U.S. Savings Bonds pay 6 percent interest. Under these conditions

A) no nonmonetary assets are willingly held. B) a combination of money and nonmonetary assets are willingly held. C) no money balances are willingly held. D) we do not have sufficient information to tell whether or not any money balances are willingly held.