If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the
A. equilibrium quantity will increase.
B. market clearing price will increase.
C. equilibrium quantity will decrease.
D. market clearing price will decrease.
Answer: A
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Which of the following is correct?
A. Public saving equals national saving plus private saving. B. National saving equals public saving minus private saving. C. National saving equals private saving plus public saving. D. Private saving equals national saving plus public saving.
One of the clear effects of deregulation was
a. lower prices of many services. b. increased entry of new firms into regulated industries. c. lower income to unions working in regulated industries. d. all of the above.
Enacting a law controlling rents near a major university will increase the affordable housing for college students
a. True b. False Indicate whether the statement is true or false
In its conduct of open market operations, the Fed now buys and sells
a. only U.S. government securities. b. only mortgage-backed securities issued by large investment banks. c. a wide range of assets including the stock shares of large banks, domestic automobile manufacturers, and high-technology business firms. d. a wide range of assets including corporate bonds and mortgage-backed securities.