A shift in the supply curve of bicycles resulting from higher steel prices will lead to
a. higher prices of bicycles.
b. lower prices of bicycles.
c. a shift in the demand curve for bicycles.
d. larger output of bicycles.
e. no change in the price of bicycles.
a
Economics
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Monetizing the deficit contributes to the inflationary pressures that are already present in the economy
a. True b. False Indicate whether the statement is true or false
Economics
Jessica paid $7,000 for a bond with a face value of $6,000. She will be paid $400 annually as long as she holds on to the bond, until the bond's maturity date. The yield on the bond is
A) 6.67 percent. B) 5.71 percent. C) 15.0 percent. D) 80.0 percent.
Economics