Assuming coffee and cola are substitutes, if the price of coffee rises
A) there is a movement along the demand curve for cola.
B) the demand curve for coffee will shift to the right.
C) the demand curve for cola will shift to the right.
D) the demand curve for coffee will shift to the left.
C
Economics
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Technology transfer comes only from nations importing new capital goods in the current account
Indicate whether the statement is true or false
Economics
When the economy is producing at a quantity greater than its long-run aggregate supply:
A. it is pushing some of its resources to operate beyond capacity. B. the economy is experiencing greater economic growth. C. it causes a bubble to form in one of its major sectors. D. we are experiencing a recession.
Economics