As the price of a pound of peanuts falls, the
A) demand for peanuts increases.
B) demand for peanuts decreases.
C) quantity of peanuts demanded increases.
D) Both answers A and C are correct.
C
Economics
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According to the Romer model, tax incentives to support research and development will lead to ________
A) higher tax rates in the future B) an increase in the general level of prices C) a decrease in the general level of prices D) increased per capita income
Economics
Media reports often suggest that the increasing public debt is a burden on future generations. What they mean is that
A) it reduces the current level of investment. B) it makes predicting future unemployment levels unpredictable. C) it causes deflation. D) it reduces both nominal and real interest rates.
Economics