A change in demand of a good is shown by a:
A. movement along a demand curve.
C. movement along the demand function.
D. shift of the demand function.
B. shift of a demand curve.
Economics
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Economists call the idea that increases in government spending cause decreases in private investment
a. crowding out b. locking in c. the liquidity trap d. automatic stabilization e. the Phillips trade off
Economics
The Wax Works sells 400 candles at a price of $6 per candle. The Wax Works' total costs for producing 400 candles are $2,500. The Wax Works' economic profit is
A. -$100. B. $0. C. $2,400. D. $2,500.
Economics