Once the Fed decides on the interest rate it wants in the federal funds market, its most common method of achieving this rate is by

The supply curve for high-skilled labor lies to the

A) right of the supply curve for low-skilled labor because more people want a high-skilled job. B) left of the supply curve for low-skilled labor because more people want a high-skilled job. C) left of the supply curve for low-skilled labor because it is costly to acquire skills. D) right of the supply curve for low-skilled labor because fewer high-skilled people are willing to work for a low wage.

Suppose price is measured along the vertical axis on a graph. When price changes, there will be a

a. rotation of the curve. b. shift of the curve. c. movement along the curve. d. change in the slope of the curve.