If a nonrenewable natural resource's price is expected to increase at a rate faster than the interest rate, then the supply today will
A) the supply today will increase.
B) the supply today will decrease.
C) the demand today will decrease.
D) the price today will fall.
B
Economics
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Changes in prices of a good causes
a. Movement along the demand curve b. Movement along the supply curve c. No effect to either curve d. Both a and b
Economics
Proprietary income refers to:
A. revenue flowing to the government from taxes. B. money borrowed by the government to finance its operations. C. revenue generated by government-run businesses. D. transfer payments from the government to the owners of property resources.
Economics