John Maynard Keynes listed three types of motives for people holding money?transactions, precautionary, and speculative

If the Fed wants to lower the interest rate, it will

a. buy bonds and decrease the money supply. b. buy bonds and increase the money supply. c. sell bonds and decrease the money supply. d. sell bonds and increase the money supply. e. sell bonds and decrease money demand.

An individual's labor-supply curve reveals how he or she chooses to allocate

a. limited dollars between luxuries and necessities. b. scarce money between goods and services. c. scarce time between labor and leisure. d. limited time between work at one job and work at another.