Of the following, which could cause the demand curve for personal computers to shift to the left?
a. a decrease in the price of personal computers
b. an increase in the price of computer software
c. a decrease in the price of computer software
d. an increase in wealth (assuming personal computers are a normal good)
e. expectations of an increase in the price of personal computers in the future
B
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Which of the following can be categorized as a commodity money standard?
a. The pegged exchange rate standard b. The free float standard c. The managed float standard d. The reserve currency standard e. The gold standard
The table below shows the export and import values of automobiles, pharmaceuticals, and clothing in Country A and Country B. Country AExports ($Billions)Imports ($Billions)Automobiles2040Pharmaceuticals3030Clothing400Country BExports ($Billions)Imports ($Billions)Automobiles020Pharmaceuticals4040Clothing4535 In Country B, the product with the highest intra-industry trade (IIT) share is ________ and the product with the lowest IIT share is
A. clothing; pharmaceuticals. B. automobiles; pharmaceuticals. C. pharmaceuticals; automobiles. D. clothing; automobiles.