The law of demand states that, other things equal, when the price of a good

a. falls, the demand for the good rises.
b. rises, the quantity demanded of the good rises.
c. rises, the demand for the good falls.
d. falls, the quantity demanded of the good rises.

d

Economics

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The earliest beginning of the European Union was the:

A) Maastricht Treaty. B) Treaty of Rome. C) Paris Accord. D) Louvre Accord.

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The low point of economic activity during a business cycle is called the

A) trough. B) recession. C) peak. D) failure.

Economics