Other things constant, a decrease in consumer income will do which of the following?

a. Cause a movement along the demand curve for large-screen television sets, but it will not shift the demand curve.
b. Decrease the demand for large-screen television sets.
c. Increase the demand for large-screen television sets.
d. Have no impact on the quantity demanded or the demand curve for large-screen television sets.

b. Decrease the demand for large-screen television sets.

Economics

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The largest portion of any nation's balance of payments current account is the

A) importing and exporting of merchandise goods. B) importing and exporting of services. C) importing and exporting of gold. D) importing and exporting of capital goods.

Economics

The more _____ the supply, ______.

Fill in the blank(s) with the appropriate word(s).

Economics