As price decreases along a linear demand curve, price elasticity of demand decreases
a. True
b. False
A
Economics
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Which of the following do not contribute to long-term economic growth?
a. substantial increases in the money supply b. increased productivity c. savings and investment d. new production technologies
Economics
Which of the following would not cause a movement along the AD curve?
a. An increase in the price level. b. A decrease in the price level. c. A change in the interest rate caused by a change in the price level. d. A change in autonomous consumption e. Both a change in the interest rate caused by a change in the price level, and a change in autonomous consumption.
Economics