Suppose that over the next few years the demand for dancing to country and western music decreases. Hence, at country and western dance clubs the equilibrium price of admission ________ and the equilibrium quantity of dancing ________
A) rises; increases
B) rises; decreases
C) falls; increases
D) falls; decreases
E) does not change; decreases
D
Economics
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When an expansion is triggered by a(n) ________ in autonomous expenditure, the economy turns the corner into ________, and aggregate planned expenditure exceeds real GDP. Firms' inventories ________
A) increase; recession; decrease B) increase; recession; increase C) increase; expansion; increase D) increase; expansion; decrease E) decrease; expansion; decrease
Economics
The ratio of cash and securities to total assets is a traditional measure of __________ risk
A) credit B) leverage C) interest rate D) liquidity
Economics