Two variables that affect the slope of the aggregate demand curve are
a. government purchases and real taxes.
b. tax rates and interest rates.
c. government purchases and interest rates.
d. exchange rates and income rates.
b
Economics
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Refer to Figure 4.6, which shows David's and Celeste's individual supply curves for flower arrangements per week. Assuming David and Celeste are the only producers in the market, if the market quantity supplied is 350, the price must be
A) $10. B) $20. C) $30. D) $40.
Economics
A twelve pack of soda sells for $3.50. At a $3.50 price, you plan to purchase two twelve packs. Therefore,
A) your quantity demanded is two twelve packs. B) your demand is two twelve packs. C) you need two twelve packs. D) you love soda.
Economics