When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the ________ and the demand curve for Treasury bonds shifts to the ________

Compared to the pay increase from just a third year of college, the actual pay increase resulting from a fourth year that results in graduation is

a. several times smaller b. the same c. only very slightly greater d. several times greater e. No economist has ever studied this issue

When the price of apples goes up:

A. the demand for apples will decrease, ceteris paribus. B. the demand for apples will increase, ceteris paribus. C. the quantity of apples demanded will decrease, ceteris paribus. D. the quantity of apples demanded will increase, ceteris paribus.