If the dollar price of euros is lower than the equilibrium price, there will be an excess quantity of euros ____ at that price, and competition among euro ____ will push the price of Euros toward equilibrium.
a. supplied, sellers

If the interest rate is higher than normal, people are more likely to hold

a) bonds instead of money because the opportunity cost of money is high b) bonds instead of money because as the interest rate starts to rise, the value of the bonds will increase c) money instead of bonds because the brokerage fees and other costs of buying bonds are high when the interest rate is low d) money instead of bonds because there is a speculative motive for holding a larger amount of money

Which of the following questions is addressed primarily by macroeconomics? a. The allocation of scarce satellite orbit slots

b. Decisions made by a manufacturer of a particular good. c. Policies to control the inflation rate. d. A consumer's decision to buy more clothing and less food.