Recall the Application. The decrease in price of illegal drugs could be caused by either a(n) ________ in demand or a(n) ________ in supply of the drugs

A) increase; decrease B) decrease; increase C) increase; increase D) decrease; decrease

B

Economics

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Which of the following is most likely to increase an individual's current spending?

A) Paying back a loan today B) Borrowing money today C) Depositing money today D) Withdrawing money in the future

Economics

When a group of countries agree to share a common currency, they are said to have formed a

A) currency union. B) welfare state. C) monetary alliance. D) monetary cartel.

Economics