An increased equilibrium price and a decreased equilibrium quantity results from:
a. a decrease in supply.
b. an increase in demand.
c. an increase in supply.
d. a decrease in demand.
a
Economics
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A) a normative statement. B) the failure of opportunity cost to determine prices. C) a positive statement. D) a macroeconomic statement.
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A good measure of productivity is
A) the interest rate. B) the inflation rate. C) aggregate output divided by employment. D) the growth rate of aggregate output.
Economics