Could an increase in urban bus fares eventually lead to an increase in the demand for bus service?
A) It could not do so, though it could lead to a reduction in the demand for bus service.
B) It could not do so, though it would probably lead to a reduction in the quantity of bus service demanded.
C) It might do so if increasing the demand for and price of downtown parking increased even more.
D) It might do so by making the demand for bus service unit elastic.
E) Only in cities where the demand for bus service slopes upward to the right.
C
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The U.S. current account equals
A) U.S. exports - U.S. imports - net income from foreign investments + net transfers from abroad. B) U.S. exports - U.S. imports + net income from foreign investments + net transfers from abroad. C) U.S. exports + U.S. imports + net income from foreign investments + net transfers from abroad. D) U.S. imports - U.S. exports + net income from foreign investments + net transfers from abroad.
The share of income received by different groups is called ________
Fill in the blank(s) with correct word