The Baumol-Tobin analysis suggests that a decrease in the brokerage fee for buying and selling bonds will cause the demand for money to ________ and the demand for bonds to ________

Other things equal, an improvement in productivity will:

A. increase the equilibrium price level. B. shift the aggregate supply curve to the left. C. shift the aggregate supply curve to the right. D. shift the aggregate demand curve to the left.

Which of the following is purchased in a factor market?

A. A motorized scooter used for commuting by a student. B. National defense. C. A bag of jellybeans. D. The labor of a state university professor.