If a yet-to-be released video game receives a positive review in a popular gaming magazine,
A) the demand curve is expected to shift to the right.
B) the demand curve is expected to shift to the left.
C) the demand curve is not expected to change.
D) for those who read the review, demand shifts to the left. For those who don't read the review, demand shifts to the right.
A
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The slope of the demand curve for a normal good must be positive
a. True b. False
Suppose that monetary neutrality and the Fisher effect both hold. An increase in the money supply growth rate increases
a. the inflation rate and growth of real GDP. b. the inflation rate but not the growth rate of real GDP. c. the growth rate of real GDP, but not the inflation rate. d. neither the inflation rate nor the growth rate of real GDP.
Say's law, flexible wages and prices, and the quantity of money were all basic tenets of the _____ school of economics.
A. classical B. supply-side C. Keynesian D. economic behaviorists
What is the percentage of income received by the lower three quintiles on line J?