Based on the model of the money market, if the Federal Reserve increases the reserve requirement, the equilibrium interest rate should

The ________________deals with the relationship between the factors of production and the output of goods and services.

Fill in the blank(s) with the appropriate word(s).

As a nation's average education level increases, the nation's level of productivity

A. Decreases, and the nation moves to a new point on the same production possibilities curve. B. Increases, and the production possibilities curve shifts to the right. C. Increases, and the nation moves to a new point on the same production possibilities curve. D. Decreases, and the nation's production possibilities curve shifts to the left.