Other things equal, when the price of a good falls, the
a. quantity supplied of the good increases.
b. supply decreases.
c. quantity supplied of the good decreases.
d. demand increases.
c
Economics
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When the expenditure schedule is too low, the result is a(n)
A. unemployment surplus. B. inflationary gap. C. recessionary gap. D. budgetary gap.
Economics
What is the most common measure of a firm's capital stock, and why is it not the most important to focus on?
What will be an ideal response?
Economics
The idea behind antitrust legislation is to
A) promote competition in the market. B) justify deregulation of industries. C) implement contestable markets. D) create larger firms.
Economics
The payroll tax for income earners at top income levels in the United States is
A. proportional. B. progressive. C. regressive. D. uniform.
Economics