A rightward shift of a demand curve is called a(n)

a. increase in demand.
b. decrease in demand.
c. decrease in quantity demanded.
d. increase in quantity demanded.

a

Economics

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Camels have been used as money. Which function of money would this type of money perform least well?

A) medium of exchange B) unit of accounting C) store of value D) standard of deferred payment

Economics

Jose pays a tax of $24,000 on his income of $60,000 . while Richard pays a tax of $3,000 on his income of $30,000 . This tax is:

a. a flat tax. b. progressive. c. proportional. d. regressive.

Economics