If the current price of a good is the same as that found at the intersection of the market demand and supply curves, then:
a. excess demand exists

The liquidity approach to measuring the money supply uses

A) near moneys only. B) M1 only. C) M2 plus some highly liquid assets. D) M1 plus some highly liquid assets.

Other things the same, if the exchange rate changes from .8 euros per dollar to .9 euros per dollar, the dollar

a. depreciates so U.S. goods become less expensive relative to foreign goods. b. depreciates so U.S. goods become more expensive relative to foreign goods. c. appreciates so U.S. goods become less expensive relative to foreign goods. d. appreciates so U.S. goods become more expensive relative to foreign goods.