If the price of one good increases, and as a result the demand for another good increases, the goods are
A) substitutes.
B) normal goods.
C) complements.
D) inferior goods.
Answer: A
Economics
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When Grayce deposits $4,000 cash in her checkable deposit at the Beach Bank and the Beach Bank's excess reserves increase by $3,600, the desired reserve ratio is
A) 5 percent. B) 90 percent. C) 10 percent. D) 15 percent. E) $400.
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Which of the following is included in National Income?
A) indirect taxes B) consumption of fixed capital C) proprietors' income D) all of the above
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