The only variable that can affect a movement along the demand curve is
A) income levels.
B) the price of the good itself.
C) the number of buyers.
D) the number of substitutes.
Answer: B
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The interest-rate-based monetary policy transmission mechanism emphasizes the
A. direct effect of a change in the money supply that operates via a change in total planned production generated by a change in the price level. B. direct effect of a change in the money supply that operates via a change in total planned expenditures generated by a change in the interest rate. C. indirect effect of a change in the money supply that operates via a change in total planned expenditures generated by a change in the interest rate. D. indirect effect of a change in the money supply that operates via a change in total planned production generated by a change in the price level.
Asset demand for money is related to money functioning as a
A. store of value. B. medium of deferred payment. C. unit of accounting. D. medium of exchange.