Which of the following will definitely occur when there is a simultaneous increase in demand and an increase in supply?
A. an increase in equilibrium price
B. an increase in equilibrium quantity
C. a decrease in equilibrium price
D. a decrease in equilibrium quantity
Answer: B
Economics
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Arrow's impossibility theorem is not relevant to modern analysis of political economy.
A. True B. False C. Uncertain
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What possibilities exist to explain the claim made by many professional portfolio managers that they can exceed the average stock market return year after year?
What will be an ideal response?
Economics