An unexpected rise in the Purchasing Managers' Index should send bond prices __________ and stock prices __________

If the market ratio of silver to gold is 16 to 1 and the mint ratio is 15 to 1,

a. people will cease to use gold and silver as money. b. the Treasury will be forced to issue paper money. c. gold is undervalued at the mint. d. silver is undervalued at the mint.

Growth in the share of health-care expenditures covered by third parties (for example, insurance or government programs) will

a. place downward pressure on the prices of health-care services. b. reduce the incentive of suppliers to provide consumers with health-care services at a low cost. c. make consumers more sensitive to the price of health-care services. d. make it easier to control the growth of health-care expenditures.