What will happen in the market for shotgun-shell ammunition now if buyers expect higher shotgun-shell prices in the near future?
a. The demand for shotgun-shell ammunition will increase.
b. The demand for shotgun-shell ammunition will decrease.
c. The demand for shotgun-shell ammunition will be unaffected.
d. The supply of shotgun-shell ammunition will increase.
a
Economics
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Given the indifference curve in the above figure, which point is preferred to point a?
A) point b B) point c C) point d D) point e
Economics
The $50 billion emergency loan orchestrated by the U.S. Treasury and the IMF to Mexico in 1994
A) was a disastrous policy for Mexico. B) avoided a disaster to the Mexican economy. C) did not affect Mexico in the short run. D) did not affect Mexico in the long run. E) was ineffective both in the short and long runs.
Economics