If the number of wine producers decreases
A) the supply of wine increases. B) the supply of wine decreases.
C) the demand for wine decreases. D) the demand for wine increases.
B
Economics
You might also like to view...
The expectations-augmented Phillips curve implies that as expected inflation increases, nominal wages ________ to prevent real wages from ________
A) fall; rising B) fall; falling C) rise; falling D) rise; rising
Economics
In the early 1970s, the U.S. ran large balance of payments ________, causing an ________ dollar and an ________ German mark
A) deficits; undervalued; overvalued B) deficits; overvalued; undervalued C) surpluses; undervalued; overvalued D) surpluses; overvalued; undervalued
Economics