When people hold money to make anticipated purchases of goods and services, they are exercising the _______ demand for money.

Which of the following is not an effect of an agricultural price support?

A) a surplus B) fewer exchanges C) higher prices paid by consumers D) government purchase and storage of surplus E) higher-quality products

The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A