If there is an increase in income, which of the following is true?
a. The demand for complementary goods decreases.
b. The demand for substitute goods decreases.
c. The demand for normal goods decreases.
d. The demand for normal goods increases.
e. The supply for all goods decreases.
d
Economics
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This scientific study originally tested worker's output and light, later revealing unintended consequences
a. theory y b. theory x c. hawthorne effect d. tqm
Economics
Which of the following would lead to a rightward shift of the money demand curve?
a. Expectations that the interest rate will fall b. New substitutes for money become popular c. The use of electronic money increases d. Substitutes for money become less popular e. The use of credit cards increases
Economics