Refer to the diagram, in which S 1 and D 1 represent the original supply and demand curves and S 2 and D 2 the new curves. In this market:
A. supply has decreased and equilibrium price has increased.
B. demand has increased and equilibrium price has decreased.
C. demand has decreased and equilibrium price has decreased.
D. demand has increased and equilibrium price has increased.
B. demand has increased and equilibrium price has decreased.
Economics
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Which of the following exchange rate systems is in the right order, from MOST control to LEAST control?
a. floating, fixed, managed float b. fixed, floating, managed float c. managed float, floating, fixed d. fixed, managed float, floating
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The most significant expansion of Medicaid since its inception occurred in 1997 and is referred to as
a. SCHIP. b. SHIP. c. TANF. d. AFDC.
Economics