During a(n) ________ many firms experience increased profits, which increases ________ and investment spending
A) expansion; cash flow B) recession; cash flow
C) recession; business confidence D) expansion; government spending
A
Economics
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Refer to Figure 4-3. If the market price is $3.50, what is the consumer surplus on the first ice cream cone?
A) $0 B) $0.50 C) $3.50 D) $9.00
Economics
Which of the following statements accurately describes the situation shown?
a. The demand curve for euros shifts from D1 to D2 due to increased demand for euros.
b. The demand curve for dollars shifts from D1 to D2 due to increased demand for dollars.
c. Increased demand for euros shifts the demand curve for euros from D2 to D1.
d. Decreased demand for euros shifts the demand curve for euros from D1 to D2.
Economics