In April, market analysts predict that the price of titanium will fall in May. What happens in the titanium market in April, holding everything else constant?
A) The quantity demanded and the quantity supplied increase.
B) The supply curve shifts to the right.
C) The supply curve shifts to the left.
D) The demand curve shifts to the right.
B
Economics
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The Cambridge equation equates money demand as
A) a fraction of nominal GDP. B) a percentage of real GDP. C) a fraction of money supply. D) a ratio of spot exchange rates.
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The decrease in demand faced by McDonalds during 2001-2002 can be attributed to:
A) decrease in consumer preference for high-fat content food. B) increase in lawsuits. C) increase in competitive pressures. D) all of the above.
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