The demand for Sparkle cell phones increases significantly. The supply for this product also increases, but not as much as the demand does. Considering this, the price of the cell phones would most likely ______.

a. decrease
b. increase
c. remain constant
d. become indeterminate


b. increase

Economics

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The total amount of money the government owes to its creditors is known as ________

Fill in the blank(s) with correct word

Economics

Janet is a farmer. Which of the following are included in her human capital?

a. her tractor and what she's learned from experience b. her tractor but not what she's learned from experience c. what she's learned from experience but not her tractor d. neither her tractor nor what she's learned from experience

Economics

Which of the following depository institutions is NOT regulated by a government agency?

A. credit unions B. savings and loan associations C. commercial banks that are not part of the Federal Reserve System D. None of these: All depository institutions are regulated by some government agency.

Economics

Demand curves are derived while holding constant

A. income, tastes, and the prices of other goods. B. only tastes and the prices of other goods. C. income, tastes, and the price of the good. D. only income and tastes.

Economics