Which of the following would result in a movement along the demand curve?
A) a change in preferences
B) an increase in the number of buyers
C) an increase in the number of suppliers
D) a decrease in income
an increase in the number of suppliers
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The market demand for a good is derived by summing all the individual demands
Indicate whether the statement is true or false
As overseas leakage becomes greater, the multiplier effect
A. shrinks. B. grows. C. becomes more moderate. D. is replaced with the incentive effect.
Falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies. Discuss this statement. Do you agree? Why or why not?
What will be an ideal response?
The graph below shows the production possibilities curve for an economy producing two goods, X and Y. All of the following may allow the economy to produce combination D in the future, except?
A. Lower unemployment
B. Increasing labor supply
C. Economic growth
D. Technological advances