2. Aggregate output is related to autonomous consumer expenditure, and is related to the level of taxes. ( )

Which
of the following statements are true?

An
increase in default risk on corporate bonds ________ the demand for
these bonds, but  


________
the demand for default-free
bonds, everything else held constant.

The
spread between the interest rates on bonds with default risk and
default-free
bonds is  


called
the

When
the growth rate of the money supply increases, interest rates end up
being permanently  


lower
if

In
Keynesʹs
liquidity preference framework, if there is excess demand for money,
there is

Higher
government deficits ________ the supply of bonds and shift the supply
curve to the  


________,
everything else held constant.

The
reduction of brokerage commissions for trading common stocks that
occurred in 1975  


caused
the demand for bonds to ________ and the demand curve to shift to the
________.

During
business cycle expansions when income and wealth are rising, the
demand for bonds  


________
and the demand curve shifts to the ________, everything else held
constant.

When
the interest rate on a bond is ________ the equilibrium interest
rate, in the bond market  


there
is excess ________ and the interest rate will ________.

Holding
everything else constant,