If an increase in income leads to a decrease in the demand for popcorn, then popcorn is
A) a necessity. B) a normal good. C) an inferior good. D) a neutral good.
C
Economics
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The figure above shows the demand and supply of dollars in the foreign exchange market. The equilibrium in the market occurs at a price of ________ Brazilian reals per dollar and a quantity of ________ billion dollars
A) 2.0; 100 B) 2.4; 120 C) 1.6; 100 D) 100; 2.0
Economics
The unemployment rate is usually zero except during recessions
a. True b. False
Economics