The payment received by suppliers of entrepreneurial skills is called rent

Exhibit 20-1 Money market demand and supply curves ? Starting from an equilibrium at E1 in Exhibit 20-1, a leftward shift of the money supply curve from MS1 to MS2 would cause an excess:

A. demand for money, leading people to sell bonds. B. demand for money, leading people to buy bonds. C. supply of money, leading people to sell bonds. D. supply of money, leading people to buy bonds.

Refer to the information provided in Table 3.1 below to answer the question(s) that follow. Table 3.1Price per PizzaQuantity Demanded (Pizzas per Month)Quantity Supplied (Pizzas per Month)$31,200  600  61,000  700  9  800  80012  600  90015  4001,000Refer to Table 3.1. If the price per pizza is $6, there is an excess

A. supply of 700 pizzas. B. demand of 600 pizzas. C. demand of 300 pizzas. D. supply of 1,000 pizzas.