Change in Demand
What will be an ideal response?
(1)Change in consumer income
(2)Change in the number of consumers in the
market
(3)Change in the price of a related good
(4)Change in expectations
(5)Change in demographics
(6)Change in consumer tastes and preferences
You might also like to view...
Direct controls have a clear advantage when a total ban is necessary.
Answer the following statement true (T) or false (F)
Economic conflict(s) leading to the Civil War ___________________________.
A. were over tariffs and the extension of slavery into the new territories B. was the growing free trade with England C. was Abraham Lincoln freeing the slaves D. None of the choices are true
Short-run expansionary Fiscal Policy would result in
A. aggregate demand moving to the left. B. aggregate supply moving to the left. C. aggregate supply moving to the right. D. aggregate demand moving to the right.
If the price index in 2015 is 132 and the price index in 2016 is 114, the rate of inflation between 2015 and 2016 is
A. -13.6%. B. -5.8%. C. 6.4%. D. 15.8%.