A decrease in income will lead to an increase in the demand for an inferior good.

Answer the following statement true (T) or false (F)


True

Economics

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A financial institution that wants a 5 percent real return on its loans and contemplates a 4 percent annual inflation rate should loan at a nominal interest rate of approximately

A) minus 1 percent. B) 1 percent. C) 9 percent. D) 15 percent. E) 20 percent.

Economics

Contractionary monetary policy refers to the Fed's decreasing the money supply and decreasing interest rates to decrease real GDP

Indicate whether the statement is true or false

Economics

In the probit regression, the coefficient ?1 indicates

A) the change in the probability of Y = 1 given a unit change in X B) the change in the probability of Y = 1 given a percent change in X C) the change in the z- value associated with a unit change in X D) none of the above

Economics

Over the last ten years which geographic area or country had the highest per capita growth rate?

A. Western Europe B. China C. Latin America D. North America

Economics