Consumer wants and consumer demands are the same thing

Indicate whether the statement is true or false

false

Economics

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Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. What will be the quantity demanded?

A) 5 units B) 10 units C) 15 units D) 20 units

Economics

The IS curve has a positive slope because a(n) __________ in the interest rate leads to a(n) __________ in desired investment and this leads to an increase in GDP

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

Economics