Spontaneous order is an idea of:

Which of the following would shift the production possibilities frontier outward?

a. an increase in the size of the labor force b. more efficient use of existing resources and technology c. the government prints more money d. the end of a strike by a labor union e. society's desire to produce more of one of the goods

When the Fed unexpectedly increases the money supply,

a. real interest rates will tend to decline. b. the exchange rate value of the dollar will tend to appreciate. c. aggregate demand will tend to increase. d. all of the above are correct. e. both a and c are correct.