Fuel and shipping costs are examples of __________ costs.
Fill in the blank(s) with the appropriate word(s).
variable
Economics
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A nation's account with the International Monetary Fund is known as
A) a quota subscription. B) monetary deposits. C) monetary rights. D) international reserves.
Economics
In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. If X is an inferior good, a decrease in income will:
A. increase S, decrease P, and increase Q. B. decrease D, decrease P, and increase Q. C. decrease D, decrease P, and decrease Q. D. increase D, increase P, and increase Q.
Economics