Which of the following would cause a shift in the demand curve for a good?
a. An increase in consumers' income.
b. A decrease in the number of consumers.
c. The expectation that the price of a good will increase in the future.
d. All of these.
d
Economics
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If the exchange rate changes from $1.45 = 1 euro to $1.37 = 1 euro, then
A) both the euro and dollar have appreciated. B) the euro has appreciated and the dollar has depreciated. C) the euro has depreciated and the dollar has appreciated. D) both the euro and dollar have depreciated.
Economics
In the presence of asymmetric information, a piece-rate contract
A) achieves production efficiency. B) can lead to agents producing more output than would occur under a fixed-rent-paid-to-the-principal contract. C) is impossible to write. D) will result in the principal earning all of the profit.
Economics