What is meant by the political business cycle?
Central banks sympathetic to incumbent presidents might pursue expansionary policy prior to an election.
Economics
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Identify the reasons why the quantity demanded of a product increases as the price of that product decreases
a. as the price declines, the real income of the consumer increases b. as the price of product A declines, it makes it more attractive than product B c. as the price declines, the consumer will always demand more on each successive price reduction d. a and b e. a and c
Economics
The cost of production plus producer surplus is the price a seller is paid
a. True b. False Indicate whether the statement is true or false
Economics