Crowding out occurs when government deficit spending results in less private spending

The Board of Governors of the Federal Reserve System has seven members appointed by the ________ that serve a term of ________ in order to ________

A) U.S. congress; 4 years; fulfill a mandate within the U.S. constitution B) U.S. senate; 14 years; provide continuity in the governing of the U.S. economy C) U.S. president and confirmed by the U.S. senate; 14 years; provide continuity in the governing of the U.S. economy D) U.S. president and confirmed by the U.S. congress; 14 years; provide continuity in the governing of the U.S. economy E) U.S. president and confirmed by the U.S. senate; 4 years; fulfill a mandate within the U.S. constitution

Given that milk and cookies are complements, suppose the price of flour (an ingredient in cookies) rises. What happens in the market for milk?

A) The equilibrium price and quantity rise. B) The equilibrium price rises and the equilibrium quantity falls. C) The equilibrium price and quantity fall. D) The equilibrium price falls and the equilibrium quantity rises.