When we move along a given demand curve,
a. only price is held constant.
b. income and price are held constant.
c. all nonprice determinants of demand are held constant.
d. all determinants of quantity demanded are held constant.
c
Economics
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In the United States, each bank panic in the late nineteenth and early twentieth centuries was accompanied by
A) inflation. B) a recession. C) deflation. D) a depression.
Economics
According to the IS equation, a change in which of the following will cause a change in output?
A) real interest rate B) autonomous investment C) marginal propensity to consume D) all of the above E) none of the above
Economics