All other things being equal, quantity supplied of agood rises when the price of a good rises, and falls when the price of the good falls
What will be an ideal response?
law of supply
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The Keynesian region of the aggregate supply curve is:
a. horizontal. b. downward-sloping. c. upward-sloping. d. vertical. e. a 45-degree line.
Borrowers can (and sometimes do) default on their loans when
a. the dividend yield on their shares of stock reaches zero. b. they convert their bonds into perpetuities. c. they declare bankruptcy. d. they cannot find enough buyers of their bonds to sell all the bonds they wish to sell.
Legal Tender is a reference to:
(a) Cash in circulation plus bank credit; (b) Cash in circulation plus cash reserves held by financial institutions; (c) Cash in circulation plus government reserves; (d) Cash in circulation plus deposit accounts with the banking sector.
A p-value of 0.03 means that there is only a 0.03% chance of obtaining the measured result.
Answer the following statement true (T) or false (F)