A decrease in the number of consumers in a market causes market demand to:
A. decrease, resulting in a surplus which will be eliminated as price falls.
B. increase, resulting in a shortage which will be eliminated as price rises.
C. increase, resulting in a shortage which will be eliminated as price falls.
D. decrease, resulting in a surplus which will be eliminated as price rises.
Answer: A
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The present value of $50 to be received next year is $40. The interest rate is
A) 10 percent. B) 20 percent. C) 25 percent. D) 50 percent.
A device used to measure the movement of stock prices is called a(n)
A) exchange B) index. C) network. D) bureaucracy.
The Fed can control stock market purchases by adjusting the
a. discount rate b. legal reserve requirement c. margin requirement d. federal funds rate e. stock loan rate
Briefly explain how specialization and trade can benefit nations
What will be an ideal response?