Inferior goods are those for which demand increases as

If X - M = $0 and the government sector has a deficit of $250 billion, the private sector

A) has a deficit that equals $250 billion. B) has a deficit that equals $500 billion. C) has a surplus that equals $250 billion. D) has a surplus that equals $500 billion.

____ occurs when a consumer's quantity demanded for a good increases because a ____ number of consumers purchase the same good

a. A negative network externality; greater b. A positive network externality; greater c. Bandwagon effect; fewer d. A positive network externality; fewer