Suppose that today the market for lima beans is in equilibrium. Tomorrow both the supply and demand curves for lima beans will shift to the left. As a result, the equilibrium price __________ and the equilibrium quantity will __________
a. will fall; fall
b. will fall; rise
c. will rise; fall
d. cannot be determined; fall
e. cannot be determined; rise
D
Economics
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Collateral is
A) the interest rate that banks charge high-quality borrowers. B) assets pledged to the bank in the event the borrower defaults. C) the difference between the value of a bank's assets and the value of a bank's liabilities. D) required reserves minus excess reserves.
Economics
A foreign bank receives a deposit of $10,000 from a U.S. citizen. As a result, there is a net capital outflow from the U.S., if ________
A) the bank buys a U.S.-made computer B) the bank buys a bond issued by a U.S. company C) the bank keeps the $10,000 in a vault D) all of the above E) none of the above
Economics