If the demand curve shifts outward and the supply curve remains the same, price will fall.
Answer the following statement true (T) or false (F)
False
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Are black markets for foreign currencies more likely to occur in countries with an overvalued currency or with an undervalued currency? Why?
What will be an ideal response?
A discouraged worker ________ counted as officially unemployed and ________ counted as in the labor force
A) is; is B) is; is not C) is not; is D) is not; is not
Barter can best be defined as:
a. the direct exchange of one good for money. b. the direct exchange of money for a good. c. the direct exchange of goods and services without the use of money. d. the direct exchange of labor services for wages. e. the payment of interest on a savings account.
Which of the following lists all the components that are included in aggregate demand?
A. Government spending, saving, consumption, and investment. B. Net exports, government spending, consumption, and transfer payments. C. Consumption, government spending, net exports, and investment. D. Investment, imports, exports, and consumption.