When entry of new firms decreases input prices in an industry, it is a(n)

If reserves held at the Fed by the private banks decrease, ________

A) the nominal interest rate will decrease B) banks will make more loans C) demand for labor will increase D) bank deposits will decrease

For normal goods which of the following explains why demand curves slope downward?

A) prices and income B) substitutes and complements C) resources and technology D) substitution effect and income effect