According to the Coase theorem, the private market will need government intervention in order to reach an efficient outcome

A rise in the price of a bond causes the yield of the bond to

A) rise. B) fall. C) remain unchanged. D) rise if it's a short-term bond, fall if it's a long-term bond.

A once-and-for-all jump in the price level would initially cause a(n)

a. upward shift in the consumption function. b. upward movement along the consumption function. c. downward shift in the consumption function. d. downward movement along the consumption function.