The relationship between the quantity of a good or service sellers are willing to offer for sale at different prices is:
A) supply.
B) demand.
C) equilibrium.
D) disequilibrium.
Ans: A) supply.
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Which groups were opposed to the Bank of the United States?
A) northeastern industrial interests B) northeastern financial interests C) southern and western agrarian and small-business interests D) exporters
Assume that business investment spending rises, and the increase is funded by greater borrowing in the capital markets. If the nation has low mobility international capital markets and a fixed exchange rate system, what happens to the real GDP and reserves account in the context of the Three-Sector-Model? a. Real GDP rises and reserves account becomes more positive (or less negative)
b. Real GDP rises and reserves account remains the same. c. Real GDP and reserves account remain the same. d. Real GDP rises and reserves account remains the same. e. There is not enough information to determine what happens to these two macroeconomic variables.