If the quantity supplied exceeds the quantity demanded, then there is
A) a shortage and the price is below the equilibrium price.
B) a shortage and the price is above the equilibrium price.
C) a surplus and the price is below the equilibrium price.
D) a surplus and the price is above the equilibrium price.
D
Economics
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If the Federal Reserve increases the supply of money in the market, then bond prices will _____ and interest rates will _____.
a) fall; rise b) rise; fall c) rise; rise d) fall; fall
Economics
Refer to Figure 13A.1. Moving from K0 to K1:
A. economic growth stops. B. saving becomes negative. C. capital stock continues to increase. D. depreciation starts to decline.
Economics