An increase in demand occurs when
A) we measure price in money price rather than real price.
B) we move up the demand curve.
C) the demand curve shifts to the right.
D) the demand curve shifts to the left.
C
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In an economy without government or a foreign sector it is always true that
A) actual saving equals actual investment. B) actual saving equals desired investment. C) desired saving equals desired investment. D) desired saving equals actual investment.
If the printed circuit board market is perfectly competitive,
a. too many printed circuit boards will be produced b. printed circuit boards will be allocated efficiently c. too few printed circuit boards will be produced d. economic efficiency will not be achieved e. printed circuit boards will be evenly distributed among consumers