The figure above shows the market for iPods. Which of the following shifts the demand curve from D0 to D1?
A) a requirement that all students at universities have an iPod
B) a decrease in the price of Zunes, a substitute for iPods
C) a decrease in the price of iPods
D) an increase in the price of iPods
E) an increase in people's incomes
B
Economics
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Using the above figure, the origin is at which point?
A) point a B) point b C) point c D) None of the points in the figure is the origin.
Economics
Much of the credit for prevention of a financial market meltdown after "Black Monday" (October 19, 1987 ) must be given to the Federal Reserve System and then-chairman
A) Paul Volcker. B) Alan Blinder. C) Arthur Burns. D) Alan Greenspan.
Economics