A decrease the nominal deficit can be caused by an increase in:
A. the debt.
B. government expenditures.
C. interest rates.
D. taxes.
Answer: D
Economics
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The demand curve for on-demand videos has shifted to the right. What could have caused it?
A) A fall in the price of on-demand videos. B) An increase in the price of on-demand videos. C) An increase in the supply of on-demand videos. D) An increase in the income of buyers.
Economics
Which of the following is not true for a firm in perfect competition?
A) Price equals average revenue. B) Average revenue is greater than marginal revenue. C) Marginal revenue equals the change in total revenue from selling one more unit. D) Profit equals total revenue minus total cost.
Economics