The exchange rate between currencies of different countries is controlled primarily by ________ in currency markets

As aggregate output rises, the demand for money ________ and the interest rate ________, so that money demanded equals money supplied and the money market is in equilibrium

A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls

A production possibilities curve shows the various combinations of two outputs that:

a. an economy should produce. b. an economy can produce. c. consumers would like to consume. d. producers would like to produce.