Other things remaining the same, the quantity of a good or service demanded will increase if the price of the good or service Question 16 options:
A. rises or falls.
B. does not change.
C. falls.
D. rises.
C. falls.
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The figure above shows the market for annual influenza immunizations the United States. Area B is the
A) gain in efficiency from the illustrated subsidy. B) remaining deadweight loss when there is the illustrated subsidy. C) deadweight loss when there is not the illustrated subsidy. D) equilibrium with the illustrated subsidy. E) loss in efficiency from the illustrated subsidy.
The efficient quantity of a public good is the quantity that sets the marginal social benefit from the good equal to the good's marginal social cost
Indicate whether the statement is true or false
The less liquid markets are the:
A. less willing people are to save, and the higher the interest rates. B. more willing people are to save and the higher the interest rates. C. less willing people are to save, and the lower the interest rates. D. more willing people are to save, and the lower the interest rates.
A bond is selling for $1000 and it pays $150 in interest a year. If the interest rate changes to 20 percent, then
A. the price of the bond rises to $1250. B. the interest payment rises to $175. C. the interest payment falls to $75. D. the price of the bond falls to $750.