Which of the following increases the demand for a normal good?
A) a decrease in income
B) an decrease in the price of a substitute
C) an increase in the price of a complement
D) the price of the good is expected to increase in the future
D
Economics
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In the above figure, what are the long-run equilibrium price level and real GDP?
A) 130 and $11.5 trillion B) 120 and $11.5 trillion C) 120 and $12 trillion D) 130 and $12 trillion
Economics
China is trying to move its banking system from being strictly ________ owned by having them issue shares overseas
A) state B) domestic investor C) depositor D) domestic corporate
Economics