Holding demand constant, an increase in supply leads to
A) lower prices and higher quantity demanded.
B) lower prices and lower quantity demanded.
C) higher prices and higher quantity demanded.
D) higher prices and lower quantity demanded.
A
Economics
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In a two-period model with production, an increase in the world real interest rate
A) increases domestic output and increases the current account surplus. B) increases domestic output and decreases the current account surplus. C) decreases domestic output and increases the current account surplus. D) decreases domestic output and decreases the current account surplus.
Economics
What does the Herfindahl-Hirschman Index value near 10,000 imply about the market?
a. Pure monopoly b. Perfect competition c. Monopolistic competition d. Oligopoly
Economics