Which of the following events would cause an upward movement along the demand curve for olives?
a. The number of people who purchase olives decreases

b. Consumer income decreases, and olives are a normal good.
c. The price of pickles decreases, and pickles are a substitute for olives.
d. The price of olives rises.

d

Economics

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What is the natural level of output?

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It is costly to hold money because

A. in doing so, one sacrifices interest income. B. bond prices are highly variable. C. the rate at which money is spent may decline. D. deflation may reduce its purchasing power.

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