Other things being equal, the effect of a decrease in the price of grapes would be illustrated by

a. a rightward shift in the demand curve for grapes.
b. an increase in the quantity demanded for grapes.
c. a leftward shift in the demand curve for grapes.
d. a decrease in the quantity demanded grapes.

B

Economics

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The government of Putania spent $67,000,000 in a particular year, and the total tax receipts of the government in that year were $120,000. Calculate the budget deficit

A) $600,000 B) $680,000 C) $67,120,000 D) $66,880,000

Economics

A situation in which output decreases while prices increase is often referred to as:

A. inflation. B. negative economic growth. C. a recession. D. stagflation.

Economics