Which of the following is likely to result in a lower equilibrium price?
a. An increase in both demand and supply
b. A decrease in both demand and supply.
c. An increase in demand and a decrease in supply.
d. A decrease in demand and an increase in supply.
d
Economics
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As a result of money in an economy,
A) transaction costs are higher than would be the case in a barter economy. B) people are greedier than in a barter economy. C) real Gross Domestic Product (GDP) and economic growth are greater than they would be in a barter economy. D) stealing exists and people have to find ways to prevent theft.
Economics
What was the Plaza Agreement about?
What will be an ideal response?
Economics