The more limited information, the _____ the new classical AS curve

a. flatter.
b. steeper.
c. horizontal.
d. downward sloping.
e. none of the above.

B

Economics

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If a price ceiling on coffee is set below the market-clearing price, then

A) the quantity of coffee demanded will decrease. B) the quantity of coffee supplied will increase. C) the quantity demanded for coffee will increase. D) all of the above will occur. E) none of the above will occur.

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A demographic trend is that:

a. Individuals increasingly put off marriage and childbirth to later years b. The number of families is decreasing c. Families are the same as they were two decades ago d. Grandparents matter less than they used to

Economics