The price of a good will tend to fall when
a. there is excess demand for the good.
b. there is excess supply of the good.
c. demand for the good increases.
d. the supply of the good decreases.
B
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The negative slope of the labor demand curve can be attributed to:
A) Moore's Law. B) the Law of Accelerating Returns. C) the Law of Diminishing Marginal Utility. D) the Law of Diminishing Marginal Returns.
Explain how a better-educated population will also tend to be healthier, and vice versa, that a healthier population will tend to be better educated
What will be an ideal response?
Excess reserves can be found by subtracting required reserves from total reserves
a. True b. False
If the supply curve of a commodity is upward sloping, and the producing country begins to export more in a pure free trade system, the domestic price of the commodity will
a. fall. b. rise. c. exceed the price in foreign countries. d. be below the price in foreign countries.