The law of demand says that as the price of a good rises, the quantity demanded of the good tends to fall

a. True
b. False

A

Economics

You might also like to view...

According to the table above, ________ percent of total income is redistributed from the highest income group

A) 4.7 B) 2.3 C) 1.5 D) 3.8

Economics

Since the 1980s,

a. monetarism reached its peak. b. the influence of the monetarists and Keynesians both eroded. c. monetarism re-established itself with a stable money/income relationship. d. monetarism declined in influence as Keyesian thought overtook it in influence.

Economics