All other factors being constant, a reduction in price tends to cause which of the following?
A) an increase in supply and an increase in demand
B) a reduction in supply and an increase in demand
C) an increase in quantity supplied and a reduction in quantity demanded
D) a reduction in quantity supplied and an increase in quantity demanded
D
Economics
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When the Federal government uses taxation and spending actions to stimulate the economy it is conducting:
a. Employment policy b. Monetary policy c. Fiscal policy d. Incomes policy
Economics
Which of the following is a desirable characteristic in an economy?
A. high inflation B. low unemployment C. rapid increase in the general price level D. low employment
Economics