If you feel you are better off because you receive a 10 percent raise even when the price level also increases by 10 percent, then you are a victim of the

The ________ the price level, the ________

A) higher; smaller the supply of money B) higher; greater the demand for money C) higher; greater the supply of money D) lower; greater the demand for money E) higher; smaller the demand for money

When the price of a normal good decreases, people buy ________ of the good due to ________

A) more; the substitution effect only B) more; the substitution and income effects C) less; the substitution effect only D) less; the income effect only