In moving along a stable demand curve, which of the following is not held constant?
A. Price expectations
B. Prices of complementary goods
C. Price of the product for which the demand curve is relevant
D. Consumer incomes
Answer: C
Economics
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What determines the productivity growth rates of a country?
a. Amount of working capital currently available. b. Rates of increase of capital, technology, and workforce quality c. Current level of gross domestic product. d. Current levels of human capital, physical capital, and technology.
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If Kindle e-readers and Nook e-readers are substitutes, a higher price for Nooks would result in a(n)
a. increase in the demand for Nooks. b. decrease in the demand for Nooks. c. increase in the demand for Kindles. d. decrease in the demand for Kindles.
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