Which of the following is not a determinant of demand?
a. production costs
b. consumer expectations
c. prices of related goods
d. tastes and preferences of consumers
a. production costs
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The Fed buys $25,000 of government securities. The desired reserve ratio is 20 percent and the currency drain ratio is zero. What will be the change in the quantity of money?
A) $5,000 B) $20,000 C) $25,000 D) $125,000 E) $50,000
A decrease in disposable income will shift the aggregate demand curve to the left
Indicate whether the statement is true or false
The longer you hold stocks in the stock market, the more likely you will earn a positive return, ceteris paribus.
Answer the following statement true (T) or false (F)
Change in U.S. policy can lead to changes in inflationary expectations, interest rates, and exchange rates simultaneously as they all adjust to new equilibrium levels
Indicate whether the statement is true or false