In the consumption function C = a + c(Y - T), induced consumption is

Deductibles, copayments, and coinsurance are all ways in which insurance companies can address the problem of moral hazard

Indicate whether the statement is true or false

Other things being equal, the effect of a decrease in the price of DVDs on the market for DVD players is a(n):

a. leftward shift in the demand curve for DVD players. b. upward movement along the demand curve for DVD players. c. rightward shift in the demand curve for DVD players. d. downward movement along the demand curve for DVD players.