An increase in quantity demanded is a movement along a fixed demand curve caused by a shift in the supply curve.

a. true
b. false

Answer: a. true

Economics

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The U.S. sugar price support program has:

A. cost U.S. consumers much more than it has benefited U.S. sugar producers. B. cost U.S. consumers much less than it has benefited U.S. sugar producers. C. reduced the price of sugar to U.S. consumers. D. increased sugar imports as a percentage of U.S. sugar consumption.

Economics

When the U. S. federal government runs a budget deficit, it borrows money by selling:

A. Treasury bills, notes, and bonds. B. publicly owned land. C. its gold reserves. D. financial assets located in foreign banks.

Economics