The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Funds are channeled from savers to borrowers indirectly through ________ and directly through ________

A) financial intermediaries; financial markets B) financial markets; financial intermediaries C) main banks; branches D) broker; agents

Economics

Though useful, purchasing power parity does not completely explain long-run movements in exchange rates due to

A) some goods being nontradeable. B) changes in the real exchange rate. C) differentiated products. D) all of the above.

Economics