The quantity demanded for a good
A) must equal the quantity actually sold.
B) can be less than the quantity actually sold.
C) can be greater than the quantity actually sold.
D) is always greater than the quantity actually sold.
C
Economics
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Profits are part of the
A) factor services. B) monetary value of output. C) final consumer goods. D) total income.
Economics
Refer to Figure 28-2. Suppose the economy is at point A. The Fed uses expansionary monetary policy to lower the unemployment rate permanently below the level associated with A. Which of the following will occur?
A) Inflationary expectations will decline. B) Unemployment will rise above the natural rate. C) Unemployment will accelerate in the long run. D) Inflation will accelerate in the long run.
Economics