There will be an increase in supply when
A) a consumer's income increases.
B) there is an improvement in technology.
C) the demand curve shifts.
D) the market price rises from $3 to $4.
Answer: B
Economics
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Gross investment minus depreciation is equal to
A) nominal investment. B) personal investment. C) gross domestic product. D) net investment.
Economics
Refer to the figure below where the nominal interest rate equals 6% and the money supply equals 600. If the Federal Reserve wants to set the nominal interest rate at 4%, it must conduct open market ________ to set the money supply at ________.
A. purchases; 200 B. sales; 800 C. sales; 200 D. purchases; 800
Economics