A change in any of the ceteris paribus conditions for demand leads to a
A. change in supply.
B. a good going from an inferior good to a normal good.
C. shift of the demand curve.
D. movement along the demand curve.
Answer: C
Economics
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Suppose the United States is experiencing a balance of payments surplus. To prevent the exchange rate from appreciating, the U.S. Treasury must
A) sell dollars and buy foreign currency. B) sell both dollars and foreign currency. C) buy both dollars and foreign currency. D) sell foreign currency and buy dollars.
Economics