As price rises, quantity demanded ___________.

Which of the following will cause the price of beer to rise?

A) A shift to the right in the demand curve for beer B) A shift to the left in the supply curve of beer C) both A and B D) none of the above

Suppose you have data on durable goods, nondurable goods, fixed investment, government purchases, exports, and imports. Can you compute GDP?

A) No, since data on services and profits are missing. B) No, since data on inventory investment and profits are missing. C) No, since data on inventory investment and services are missing. D) No, since data on services and dividends are missing. E) Yes, all of the necessary components of GDP are given.