This table shows individual demand schedules for a market.
According to the table shown, if the price were $0.50, what will total demand by Betty and Barney be?
A. 18
B. 36
C. 75
D. 47
B. 36
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The impact of foreign aid on developing countries has been reduced by ________
A) the low rate of saving in these countries B) the Marshall Plan C) the misuse of foreign aid funds by corrupt governments D) the low rate of consumption in these countries
An increase in the number of buyers in the market causes
a. a decrease in equilibrium quantity b. a decrease in equilibrium price c. an increase in demand d. a decrease in production e. an increase in supply
Governments of market-oriented economies never tamper with the price mechanism
a. True b. False Indicate whether the statement is true or false
What was the approximate value of U.S. GDP in 2015?
A. $12.3 billion B. $12.3 trillion C. $17.9 trillion D. $17.9 billion