When the government has a surplus, as occurred in the late 1990s, the ________ curve of bonds shifts to the ________, everything else held constant

A) supply; right
B) supply; left
C) demand; right
D) demand; left

B

Economics

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The relationship between real GDP and potential GDP is that

A) real GDP always equals potential GDP. B) real GDP never equals potential GDP. C) real GDP fluctuates about potential GDP. D) real GDP is always below potential GDP.

Economics

If the Fed wants to depreciate the dollar against the yen, the Fed will

A) increase the supply of dollars by selling yen. B) increase the demand for dollars by selling yen. C) decrease the supply of dollars by selling yen. D) increase the supply of dollars by buying yen.

Economics