Recall the Application. If the decrease in price of illegal drugs is primarily due to a change in demand, the equilibrium quantity of drugs
A) will increase. B) will decrease.
C) will not change. D) may or may not change.
B
Economics
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Explain what is meant by the term "monetizing the deficit."
What will be an ideal response?
Economics
In modern economies, the cost of raising children has:
A. Decreased because of laxer enforcement of laws that make child labor illegal B. Increased because of stronger enforcement of laws that make child labor illegal C. Increased because of fewer requirements for schooling until adulthood D. Decreased because of more requirements for schooling until adulthood
Economics