When quantity demanded decreases at every possible price, the demand curve
a. shifts to the left
b. shifts to the right.
c. there is a movement along the given demand curve.
d. none of the above.
a
Economics
You might also like to view...
An overvalued domestic currency:
A) can be achieved by selling the domestic currency. B) harms all the economic agents in the country. C) makes imports less expensive for domestic consumers. D) benefits all the economic agents in the country.
Economics
A recession is commonly defined as a period with
A) negative growth rate in real GDP that lasts at least one quarter. B) positive growth rate in real GDP that lasts at least one quarter. C) positive growth rate in real GDP that lasts at least two quarters. D) negative growth rate in real GDP that lasts at least two quarters.
Economics