An increase in stock prices ________ the size of people's wealth and may ________ their willingness to spend, everything else held constant
A) increases; increase
B) increases; decrease
C) decreases; increase
D) decreases; decrease
A
Economics
You might also like to view...
Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
Economics
The income elasticity for most foods is positive but less than 1
Indicate whether the statement is true or false
Economics
Suppose the demand for peanuts increases. What will happen to producer surplus in the market for peanuts?
a. It increases. b. It decreases. c. It remains unchanged. d. It may increase, decrease, or remain unchanged.
Economics
Price and concentration ratios are inversely related
Indicate whether the statement is true or false
Economics