An increase in the nation's wealth, all other factors constant, would cause the:
A. bond supply curve to shift left.
B. bond demand curve to shift right.
C. bond supply curve to shift right.
D. bond demand curve to shift left.
Answer: B
Economics
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The average percentage markup in the economy
a. is of special interest in microeconomics b. fluctuates greatly from year to year c. depends on competitive conditions in the economy d. depends on the level of GDP e. increases as the interest rate increases
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Recessions and depressions are the principal examples of
A. market failure. B. coordination failure. C. central planning. D. socialist contradictions.
Economics