Goods with upward sloping demand curves are referred to as
A) luxury goods. B) substitute goods. C) Giffen goods. D) Marshall goods.
C
Economics
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When a government defaults on its obligations, the event is called a
A) sovereign default. B) magisterial default. C) private default. D) sudden stop default. E) national default.
Economics
When resources are used efficiently, you can produce more of one good, ceteris paribus, only by: a. printing more money
b. charging a lower price for output. c. charging a higher price for output. d. producing less of another good.
Economics