If both the supply and demand curves shift simultaneously, we can always predict what will happen to
A) both the price and the quantity.
B) either the price or the quantity, but not both.
C) only the price.
D) only the quantity.
E) neither the price nor the quantity.
B
Economics
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A system where goods and services are exchanged directly without a common unit of account is called the:
A) commodity system. B) fiat system. C) barter system. D) none of the above.
Economics
Financial intermediaries will be more likely to loan you the savings of other individuals than an individual because
A) they have specialists who research your credit worthiness. B) they have contingency funds to cover loan losses. C) they fund credit agencies to collect loan repayment information. D) All of the above.
Economics