The Law of Supply indicates that
A. there is a positive relationship between quantity demanded and quantity supplied.
B. there is a negative relationship between quantity demanded and quantity supplied.
C. there is a positive relationship between quantity supplied and price.
D. there is a negative relationship between quantity supplied and price.
Answer: C
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A _______________ is a bond issued by the federal government.
a. municipal bond b. Treasury bond c. corporate bond d. high-yield bond
A rightward shift in the aggregate demand curve is most likely to result in
a. inflation. b. recession. c. economic growth. d. an increase in real GDP.
Crowding out:
What will be an ideal response?
Consumer Reports' reviews of products:
A. allow more transactions that are valuable to buyers and sellers to take place. B. reduce an inefficiency in the market. C. credibly provide more information to market participants. D. All of these statements are true.