Situations in which firms expect one thing to happen but then something else happens are called:

A decrease in supply results in a(n)

a. decrease in demand b. increase in equilibrium quantity and a decrease in equilibrium price c. decrease in equilibrium quantity and a decrease in equilibrium price d. increase in demand e. increase in equilibrium price and a decrease in equilibrium quantity

Net capital outflow equals the purchase of

a. foreign assets by domestic residents. b. domestic assets by foreign residents. c. domestic assets by foreign residents - the purchase of foreign assets by domestic residents d. foreign assets by domestic residents - the purchase of domestic assets by foreign residents