The value of cross elasticity of demand between orange soda and grape soda is

The use of computers to speed up the banking system's processing of checks explains why monetarists believed that

a. output increases as the price level increases b. the money supply affects output c. the velocity of money has increased since the 1950s d. the changes in money supply and changes in velocity are interdependent e. fiscal policy can fine tune an economy

When market price is above the equilibrium level, it will _____; when price is below the equilibrium level it will _____; when price is at the equilibrium level it will _____.

Fill in the blank(s) with the appropriate word(s).