Which of the following is true?
a. A decrease in the price of ice cream would cause a decrease in the demand for frozen yogurt, a substitute
b. Just as demanders will demand more now if the price of a good is expected to rise in the near future, sellers will supply more now if the price of a good is expected to rise in the near future.
c. An increase in supply leads to a movement up along the supply curve.
d. Both technological progress and cost-increasing regulations will increase supply.
a
Economics
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Vicki would be classified as
A) a voluntary part-time worker. B) unemployed. C) an involuntary part-time work. D) not in the labor force because she is a full-time student. E) a discouraged worker.
Economics
What causes inflation?
A. An increase in nominal GDP. B. An increase in real interest rates. C. An increase in the money supply. D. An increase in real GDP.
Economics