When the price of a bond is below the equilibrium price, there is excess _________ in the bond market and the price will _________
A.demand; rise
B.demand; fall
C.supply; fall
D.supply; rise
A.demand; rise
B.demand; fall
C.supply; fall
D.supply; rise
A、above the equilibrium price, causing a shortage.
B、above the equilibrium price, causing a surplus.
C、below the equilibrium price, causing a shortage.
D、below the equilibrium price, causing a surplus.
A、Le quiero lo comprar.
B、Quiero comprarlo.
C、Se lo quiero comprar.
D、Se quiero comprarlo.
B.surplus exists and the price rises to restore equilibrium.
C.shortage exists and the price rises to restore equilibrium.
D.surplus exists and the price falls to restore equilibrium.
E.surplus exists but nothing happens until either the demand or the supply changes.
B.the extent to which the quantity supplied of a good changes when the price of a good changes, other things remaining the same
C.the slope of the supply curve
D.how the equilibrium price changes in response to a change in the equilibrium quantity supplie
D.
E.Both answers B and C are correct.
A.The supply curve.
B.The demand curve.
C.The equilibrium point.
D.All of the above.
A、The government sets the price of televisions; firms respond to the price by producing a specific level of output.
B、The government sets the quantity of televisions; firms respond to the quantity by charging a specific price.
C、The market equilibrium price for televisions maximizes the total welfare of television buyers and sellers.
D、The market equilibrium price for televisions maximizes consumer welfare and minimizes producer profit.
A、increases; increases
B、increases; decreases
C、decreases; decreases
D、decreases; increases
A、wealth of investors.
B、liquidity of bonds relative to alternative assets.
C、expected returns on bonds relative to alternative assets.
D、risk of bonds relative to alternative assets.
E、all of the above.
A、risk relative to other assets
B、expected return relative to other assets
C、liquidity relative to other assets
D、wealth
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