The demand curve for a good is a line that relates

a. price and quantity demanded.
b. income and quantity demanded.
c. quantity demanded and quantity supplied.
d. price and income.

a

Economics

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The equation of exchange states:

a. MV = PQ. b. MP = V/Q. c. V = M/PQ. d. MP = VQ.

Economics

Complete the following logical statement: "Because of, individuals and societies must make choices, and they must therefore consider the opportunity cost of every action."

Economics