Everything else held constant, when households save less, wealth and the demand for bonds ________ and the bond demand curve shifts ________

When all else is held constant, during recessions government

(a) revenues and expenditures increase. (b) revenues increase and expenditures decrease. (c) revenues decrease and expenditures rise. (d) revenues and expenditures decrease.

Microeconomics focuses on ____; macroeconomics concentrates on ____.

A. the basic tools of analysis; the use of abstractions and models B. the economies of various countries; the decisions of individual companies C. the decisions of individual units; the behavior of entire economies D. the economic aggregates; the decisions of individual units