Given a supply curve that is positively sloped and a demand curve for a normal good that is negatively sloped, an increase in income will most likely result in:
A) an increase in price and quantity.
B) a decrease in price and an increase in quantity.
C) a decrease in both price and quantity.
D) an increase in price and a decrease in quantity.
Ans: A) an increase in price and quantity.
Economics
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A bank's assets and liabilities are listed on a _____
a. balance sheet b. loan application c. deposit slip d. return statement
Economics
Which of the following transactions is not a use of funds for Country A?
a. Increases in Country A's central bank reserve assets. b. Dividends Country A pays to the rest of the world. c. Loans to Country A from the rest of the world. d. All of these are uses of funds. e. None of the above is a use of funds.
Economics