Supply and demand curves both

a. have negative slopes
b. have positive slopes
c. relate quantities to prices
d. reflect the actions of producers
e. reflect the actions of consumers


C

Economics

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What will be an ideal response?

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Which of the following is positively related to income?

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Once the full-employment level of aggregate supply has been reached, further expansions of the aggregate demand curve will cause deflation to occur in the economy

Indicate whether the statement is true or false

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