The demand curve illustrates
A) the amount of a good people need.
B) the amount of a good people want, regardless of price.
C) the amount of a good people plan to purchase at given prices.
D) the amount of a good people wish to have, but aren't willing to pay for.
C
Economics
You might also like to view...
What are instantaneously consumed as they are being produced?
a. gifts b. services c. intermediate goods d. durable goods e. basic goods
Economics
In 2009, output was beneath potential. At the same time, the budget deficit hit a record high of over $1 trillion. If President Obama were to have pursued budget cuts, given the state of the economy, these spending cuts would have:
A. been procyclical. B. increased interest rates. C. crowded out investment. D. been countercyclical.
Economics