An increase in quantity demanded of a good is caused by
A. a change of tastes.
B. a decrease in the price of a substitute.
C. a decrease in the price of the good.
D. a decrease in income.
Answer: C
Economics
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In general, a society will benefit more, the more interdependent it is
a. True b. False
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Federal government spending as a percentage of GDP was the highest since 1960 during: a. the Great Depression
b. the aftermath of the oil crisis in the Gulf nations. c. World War II. d. the aftermath of the Great Recession.
Economics