What will happen to the demand curve for tea workers if the price of tea increases, assuming all else equal?
A) There will be an upward movement along the demand curve for tea workers.
B) There will be a leftward shift in the demand curve for tea workers.
C) There will be a downward movement along the demand curve for tea workers.
D) There will be a rightward shift in the demand curve for tea workers.
D
Economics
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If a tax on a good is doubled, the deadweight loss from the tax
a. stays the same b. doubles c. increases by a factor of four d. could rise or fall
Economics
The CPI market basket is determined by
A) tax return data of households. B) supermarket purchases recorded by scanner technology. C) profit releases of the largest companies. D) a consumer survey. E) surveys asking large retail companies, such as Wal-Mart, about their sales of consumer goods and services.
Economics