An appreciation of the U.S. dollar would shift the:
A) aggregate demand curve rightward.
B) aggregate demand curve leftward.
C) aggregate supply curve rightward.
D) aggregate supply curve leftward.
B
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A competitive market is one:
A) that operates with little or no government control. B) where almost all exchanges take place involuntarily. C) that has price controls imposed by a ruling authority. D) where determination of equilibrium quantity need not rely on the forces of demand and supply.
If there is an excess demand for money, there is an excess
a. supply of bonds and the price of bonds will increase. b. supply of bonds and the price of bonds will decrease. c. demand for bonds and the price of bonds will increase. d. demand for bonds and the price of bonds will decrease. e. supply of bonds and the price of bonds will not change.