If there is a shortage in the market for jeans,
a. producers' inventories will increase
b. the price should begin to rise
c. the demand curve will shift to restore equilibrium in the market
d. the supply curve will shift to restore equilibrium in the market
e. producers expect government to impose a price ceiling
B
Economics
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Your text considers both the low savings and high savings nations and concludes what about the relationship between government budgets and the current account?
What will be an ideal response?
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Economies of scale can result from
A) larger machines. B) specialization. C) large purchases. D) all of these choices.
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