In the supply curve, the relationship between price and quantity supplied is

a. inverse.
b direct.
c. nonexistent.
d. not determined.

b direct.

Economics

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Refer to Table 19-3. Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals

A) $2,200. B) $1,600. C) $1,400. D) $1,200.

Economics

Mortgages issued to individuals with low incomes and poor credit history are called

A) credit mortgages. B) teaser mortgages. C) subprime mortgages. D) income mortgages.

Economics