Which of the following results in a "parallel" shift outward of your indifference curves between gasoline and movie rentals?
A) any decrease in the prices of gasoline and movie rentals
B) an equal percentage decrease in the prices of gasoline and movie rentals
C) an increase in your income
D) none of the above
D
Economics
You might also like to view...
The theory of efficient markets suggests that:
A) systemically important financial institutions are more likely to fail. B) long-term investments by banks are more profitable than short-term investments. C) interest rates and inflation rates are inversely related. D) all movements in stock markets are based on rational appraisals of new information.
Economics
The overall volume of daily currency trade was __ in 2007.
a. $3.2 billion b. $32 billion c. $320 trillion d. $320 billion
Economics