Which of the following increases demand for a good
A) a rise in the price of a complement
B) the expectation that future income will be higher
C) an increase in income, assuming the good is an inferior good
D) a decrease in the number of buyers
E) a fall in the price of a substitute
Answer: B) the expectation that future income will be higher
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Real gross domestic product is the total value of all: a. goods and services produced in a country adjusted for inflation
b. goods and services produced in a country without an adjustment for inflation. c. final goods and produced in a country services adjusted for inflation. d. final goods and services produced in a country without adjustment for inflation.