Refer to Scenario 15.3. $X would be higher if Ms. Querty's

A) income and the interest rate were higher.
B) income and the interest rate were lower.
C) income were higher and the interest rate were lower.
D) income were lower and the interest rate were higher.
E) mortality rate and growth in income were lower.

C

Economics

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Explain the paradox of value

What will be an ideal response?

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Suppose that many coal mines are shut for environmental reasons. This will cause

A) no change in the supply curve, only a change in price. B) a movement up the supply curve. C) a decrease in the supply of coal (a leftward shift of the supply curve). D) an increase in the supply of coal (a rightward shift of the supply curve). E) a movement down the supply curve.

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