Which of the following would shift the supply curve for CDs to the right?
a. a decrease in the price of materials used to make CDs
b. a rise in the cost of labor used to make CDs
c. an increase in the price of audio cassettes
d. a decrease in the number of suppliers
e. an increase in the price of CDs
A
Economics
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When all prices are increasing due to inflation:
A. price signals become more difficult to interpret. B. price signals will be confused for quantity signals. C. price signals are easier to interpret than if prices were decreasing. D. prices do not send signals.
Economics
Regressive income taxes are
A) an important form of income redistribution. B) present when the average tax rate decreases as income decreases. C) present when the average tax rate decreases as income increases. D) Both answers A and B are correct.
Economics