If bad weather destroyed half of the current coffee crop, ceteris paribus, it would:

a. increase the demand for coffee.
b. decrease the demand for coffee.
c. increase the demand for tea
d. decrease the demand for tea.

c

Economics

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Average tariff levels in the United States in the last decade are

A) about equal to the average since 1930. B) above the average since 1930. C) positive, but below the average since 1930. D) zero, as there are no longer any tariffs in the United States.

Economics

The classical economists believed that if saving exceeded investment, the _____________.

Fill in the blank(s) with the appropriate word(s).

Economics