If sellers decide to sell more calculators by mass producing them and lowering the price so consumers will buy more, the supply and demand curves will both shift to the right

a. True
b. False

B

Economics

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Coordinating policies when two countries have ________ exchange rates can increase the effect of ________

A) fixed; inflationary policy bias B) floating; inflationary policy bias C) fixed; the locomotive effect D) floating; beggar-thy-neighbor effect

Economics

If the price of gasoline rises sharply and the demand for sports utility vehicles falls, then the two goods are

A) complements. B) normal goods. C) substitutes. D) inferior goods.

Economics