Which of the following questions is NOT a microeconomic question?
A) Can the Federal Reserve keep income growing by cutting interest rates?
B) How would a tax on e-commerce affect eBay?
C) What is Britney's opportunity cost of having another baby?
D) Does the United States have a comparative advantage in information technology services?
A
Economics
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For "an increase in the quantity demanded" but not "an increase in demand" to occur, there must be a
A) rightward shift of the demand curve. B) movement along the demand curve. C) rightward shift of the demand curve and a movement along the demand curve. D) Both answers B and C are correct.
Economics
What is the Hotelling Principle? Have resource prices behaved as the principle predicts?
What will be an ideal response?
Economics