When demand changes, there is a ____, whereas when the price changes, there is a ____. Question 18 options:
A. change in the quantity demanded; change in demand
B. shift in the demand curve; movement along the demand curve
C. movement in the quantity demanded; shift in buying plans
D. movement along the demand curve; shift in the demand curve
B. shift in the demand curve; movement along the demand curve
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A hypothesis is: a. a normative economic statement
b. a testable proposition. c. a statement that cannot be evaluated using real-world data. d. a model with no connection to the real world.
Suppose that a bond having no expiration date has a face value of $10,000 and pays a fixed amount of interest of $1000 annually. Compute and enter in the spaces provided either the effective interest rate which a bond buyer could receive at the new price or the bond price (rounded to the nearest $1000) required to receive the interest rate shown.
