The phrase "demand has decreased" means that
A) there has been an upward movement along a demand curve.
B) a demand curve has shifted to the right.
C) a demand curve has shifted to the left.
D) there has been a downward movement along a demand curve.
C
Economics
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Which of the following is prerequisite of successful market economies?
A. the existence and enforcement of property rights B. a tax system that redistributes income from the rich to the poor C. the ability of the government to appropriate economic profits beyond a certain amount to ensure equality in income distribution D. a military presence to ensure political freedom
Economics
The cost of inflation reduction is a large, permanent increase in unemployment
a. True b. False Indicate whether the statement is true or false
Economics