The negative slope of the demand curve reflects the:
a. positive relationship between price and quantity.
b. proportional relationship between price and quantity.
c. inverse relationship between price and quantity.
d. positive relationship between income and quantity.
e. inverse relationship between income and price.
c
Economics
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Financial institutions that receive most of their funds from the savings of the public are
A) the fiduciary monetary system. B) the world index fund. C) universal banking. D) thrift institutions.
Economics
The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
Economics