Kara receives a promotion at work, which increases her income. We would expect Kara's demand for
a. each good she purchases to remain unchanged.
b. normal goods to decrease.
c. substitute goods to increase.
d. inferior goods to decrease.
d
Economics
You might also like to view...
Capital accounts measure
a. the foreign asset holdings of a nation and that nation's asset holding abroad b. d and e c. changes in the foreign asset holdings of a nation and the difference between its exports and imports d. the difference between a nation's exports and imports e. changes in the foreign asset holdings of a nation and that nation's asset holdings abroad
Economics
A mixed economy is one that combines public and private ownership of property
a. True b. False Indicate whether the statement is true or false
Economics