Which of the following is true of a demand curve?
a. It must remain stable over time
b. It can shift either rightward or leftward.
c. It is possible to move along the curve, but the demand curve will not shift.
d. None of the above are true.
b
Economics
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A firm that engages in price discrimination must be able to identify the preferences of every
customer it serves. Indicate whether the statement is true or false
Economics
If a "liberal" wanted to increase aggregate demand, which of the following would she tend to favor?
a. An increase in government spending, because it will increase the size of the public sector. b. A decrease in transfer payments, because it keeps the public sector small. c. An increase in transfer payments, because it has a larger multiplier than tax changes. d. A decrease in taxes, because it makes the public sector smaller.
Economics