When the money demand curve is drawn with interest rate on the vertical axis and the quantity of money on the horizontal axis, the slope of the demand curve for money is

To say individuals seek an "economically efficient" course of action is another way of saying they

A) waste precious resources. B) are not concerned about the wellbeing of anybody else. C) economize. D) measure everything according to the bottom line: money.

A substantial increase in the price of oranges (a normal good) is likely to result from:

A) an increase in the amount of imported oranges. B) a prolonged freeze in Florida. C) a decline in buyers' incomes. D) a decrease in the public's demand for orange juice