The employees at Hasket Electronics, Inc all received a significant raise. Afterward, the amount of food bought from the company’s vending machines decreased. Judging from this information, vending machine food would be considered a(n) ______.

a. inferior good
b. superior good
c. normal good
d. abnormal good

a. inferior good

Economics

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Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. What will be the quantity demanded?

A) 5 units B) 10 units C) 15 units D) 20 units

Economics

Crowding in occurs when government spending improves business expectations about the future and leads to higher business investment spending

a. True b. False Indicate whether the statement is true or false

Economics