A change in all of the following variables will change the market demand for a product except
A) the price of the product. B) tastes.
C) income. D) population and demographics.
A
You might also like to view...
The higher the exchange rate today, the
A) smaller is the expected profit from buying U.S. dollars today and holding them. B) greater is the expected profit from buying U.S. dollars today and holding them. C) smaller is the expected profit from buying foreign currency today and holding it. D) greater the quantity of U.S. dollars demanded in the foreign exchange market today.
The principle of subsidiarity is a way to
A) divide power between local governments and unions. B) provide support for industries in decline. C) provide support for industries under pressure from foreign competition. D) divide power between national governments and the EU. E) divide EU tax money among the member countries.