If the quantity of wood purchased decreases when the price of wood rises, a graph representing these variables would have
A) time on the vertical axis.
B) the slope on the vertical axis.
C) a negative slope.
D) a positive slope.
C
Economics
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Because deadlines are frequently missed, budgets typically run from year to year based on _____
a. continuing resolutions b. budget resolutions c. congressional suggestions d. the suggestions of the President e. the suggestions of the President's Council of Economic Advisers
Economics
As disposable income increases, consumption spending will rise, but it will rise by less than disposable income if the MPS is positive
a. True b. False Indicate whether the statement is true or false
Economics