An increase in the demand for orthodontic services leads to
A) an increase in the supply of orthodontists. B) a rise in the rates of dental insurance.
C) lower prices for orthodontic care. D) an increase in the demand for orthodontists.
D
You might also like to view...
The price at which one currency exchanges for another currency is called the
A) foreign exchange rate. B) value of the dollar. C) currency exchange rate. D) net export exchange rate. E) money exchange rate.
In the formula to calculate the real deficit, which of the following increases the real deficit?
A. A larger debt B. A smaller nominal deficit C. A lower inflation rate D. A lower interest rate
The natural rate of unemployment
A. exists only during periods of recession or depression in the economy. B. prevails in long-run macroeconomic equilibrium, when all workers and employers have fully adjusted to any changes in the economy. C. prevails in the short-run macroeconomic equilibrium, before workers and employers have had a chance to adjust to an economic shock. D. exists due to welfare and unemployment benefits that reduce potential workers' incentives to find work.
The quantity supplied of a good:
A) is inversely related to the price of the good. B) is determined irrespective of the market price. C) is always equal to the quantity demanded of the good. D) is the amount of the good that sellers are ready to supply at a given price.