The market demand for a good is derived by summing all the individual demands
Indicate whether the statement is true or false
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According to the quantity theory of money, an increase in the money supply leads to:
A. an increase in prices, as there are more dollar bills spent on the same number of goods and services. B. an increase in prices, as there are the same dollar bills spent on a greater number of goods and services. C. a decrease in prices, as there are more dollar bills spent on the same number of goods and services. D. a decrease in price, as there are the same dollar bills spent on a greater number of goods and services.
On a production function, as capital per worker increases, output per worker
a. increases. This increase is larger at larger values of capital per worker. b. increases. This increase is smaller at larger values of capital per worker. c. decreases. This decrease is larger at larger value of capital per worker. d. decreases. This decrease is smaller at larger value of capital per worker.
The main advantage of diversification as an investment policy is that it-
What will be an ideal response?
A major benefit of a health savings account is that it
A) combats moral hazard. B) means more health care services will be demanded. C) eliminates rising health care costs. D) creates the incentive to see a doctor regularly.