If bagels and croissants are substitute goods, which of the following is likely to occur if the price of bagels has decreased?
A) The demand curve for bagels shifts to the right.
B) A leftward movement along the bagel demand curve.
C) The demand curve for croissants shifts to the right.
D) The demand curve for croissants shifts to the left.
D
Economics
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A) decrease; increase B) increase; decrease C) increase; increase D) decrease; decrease
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Which of the following macroeconomic variables would you exclude from an index of leading economic indicators?
A) Money supply B) Industrial production C) Inventory investment D) Residential investment
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