If the federal government decreases its spending and doesn't decrease taxes, the bond supply shifts to the

A move from I to L best represents a

A. change in quantity demanded.
B. change in demand.
C. increase in demand.
D. decrease in demand.

The most common argument for income redistribution is that

A. it provides more incentive for people to try to better themselves. B. it works-it reduces the poverty rate. C. a society as wealthy as the United States has a moral obligation to provide its members with the basic necessities of life. D. it improves efficiency in the economy.