According to the "law of demand"
A) demand generates a supply sufficient to satisfy the demand.
B) nothing will be produced unless there is a demand for it.
C) people will purchase less of a good when its price rises.
D) wants are indefinitely expansible and can never be fully satisfied.
E) whatever people want will eventually be supplied.
C
Economics
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Cases involving unequal pay for equal work and unequal access to promotion are monitored by:
a. the Council of Economic Advisors. b. the Equal Employment Opportunity Commission. c. the Federal Trade Commission d. the Social Security Administration.
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The World Bank classifies countries as developed or developing on the basis of their:
a. disposable income. b. disposable income per capita. c. real income per capita. d. GNP per capita.
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