When government revenues exceed government outlays in a particular year, this is called

With loose enforcement of a rent ceiling, ______.

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

If the money supply grows 7% during the year, and people expected the money supply to grow by 5%, what happens to the short-run aggregate supply curve, according to the misperceptions theory?

A. It shifts up. B. It shifts down. C. It doesn't shift. D. It shifts down unless Ricardian equivalence holds, in which case it doesn't shift.