Which of the following will cause an increase in the quantity demanded of ice cream at an ice cream store?
a. The onset of summer brings about an increase in the temperature.
b. The price of frozen yogurt that is sold at the store is reduced by 5 percent.
c. A new ice cream flavor is introduced at the store.
d. The store introduces a limited period offer of 20 percent off on the price of ice cream.
e. The income of the store's consumers increases.
d
Economics
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Suppose the tax rate on interest income is 25 percent, the real interest rate is 4 percent, and the inflation rate is 4 percent. In this case, the real after-tax interest rate is
A) 4.0 percent. B) .5 percent. C) 2.0 percent. D) 1.0 percent. E) 3.5 percent.
Economics
When is a collusive agreement between two firms likely to break down?
What will be an ideal response?
Economics