Which of the following lists has variables that all shift a good's demand curve?
A) price of the good, preferences, prices of substitution goods, income
B) income, preferences, number of buyers, price of complementary good
C) expectation of future price, price of the good, number of buyers, income
D) Both answers A and B are correct.
B
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Which of the following occurrences would NOT shift the demand curve for U.S. dollars in the foreign exchange market?
A) an increase in the U.S. exchange rate B) an increase in the expected future U.S. exchange rate C) an increase in U.S. interest rates D) an increase in foreign interest rates
In international trade, all payments and gifts that are related to the purchase or sale of both goods and services are referred to as the
A) current account. B) capital account. C) labor account. D) official reserve transactions account.