When the price levels fall, the quantity of real GDP demanded will __________.
Fill in the blank(s) with the appropriate word(s).
increase
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A demand curve shows the relationship between
A) the price of a produce and the demand for the product. B) the quantity that consumers are willing and able to buy and the quantity that sellers are willing and able to offer. C) the price of a product and the quantity of the product demanded. D) the amount of a product sellers are willing to sell at a particular price and the amount consumers are willing to buy at that price.
Suppose the interest rate is 8%. If a project requires an initial investment of $5,000 and returns $5,500 in a year, what is its internal rate of return?
A. 2% B. 8% C. 10% D. 18%
Rent controls are most often designed to protect the investment made by apartment building owners
a. True b. False Indicate whether the statement is true or false
Rising prices will discourage consumption and encourage conservation.
Answer the following statement true (T) or false (F)