A lower quantity demanded of a good reflects, ceteris paribus,
A. Lower income.
B. Fewer units actually purchased.
C. A higher price of the good.
D. A downward shift of the supply curve.
Answer: C
Economics
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a. True b. False Indicate whether the statement is true or false
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In a single month, the Russian ruble declined some 90 percent against the dollar. In Russia, which of the following policies could have slowed this decline?
A. A reduction in the money supply B. An increase in the money supply C. A reduction in income tax rates D. An increase in income tax rates
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