Jane has noticed that she used to pay $2 for coffee and now she pays $2.50. Which of the following statements is TRUE?
A) The relative price of coffee has increased compared to tea.
B) The money price of coffee has increased.
C) The law of supply explains why the price of coffee has increased.
D) Jane will stop consuming coffee.
B
Economics
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How did the pill make it easier for women to participate in the paid labor force?
A. By changing cultural attitudes toward women B. By reducing the rate of marriage and forcing women to work C. By giving women more control over when children were born D. By allowing women a means to have fewer children
Economics
Refer to Figure 13-2. Ceteris paribus, an increase in productivity would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
Economics