The quantity demanded of a good
a. is the amount that would be purchased with an unlimited income
b. is the amount that would be demanded even if income were zero
c. is subject to the buyer's income constraints
d. is a fixed amount unaffected by the buyer's circumstances
e. must match the amount actually purchased in the market
C
Economics
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Factor that always stays the same
a. dependent variable b. independent variable c. constant d. correlation
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You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?
A) a reduction in taxes on luxury yachts B) an investment tax credit C) a reduction in sales taxes D) all of the above
Economics