Unemployment compensation programs are called automatic stabilizers because payments increase during

The demand curve for bonds would be shifted to the left by an

A) increase in wealth. B) increase in expected returns on bonds. C) increase in expected inflation. D) increase in the liquidity of bonds relative to other assets.

An increase in the real exchange rate indicates that

A) domestic goods are now relatively cheaper. B) domestic goods are now relatively more expensive. C) foreign goods are now relatively cheaper. D) both B and C