The factor(s) which cause(s) a movement along the demand curve include(s):
a. increase in level of advertising
b. decrease in price of complementary goods
c. increase in consumer disposable income
d. decrease in price of the good demanded
e. all of the above
d
You might also like to view...
If you want to have $50,000 in 5 years, how much would you need to put in your savings account now if the savings account pays 3 percent interest?
What will be an ideal response?
Whenever fiscal policy actions, such as income tax cuts, are utilized to expand the economy, the Keynesians prefer
a. a contractionary monetary policy. b. monetary policy to stay the same because of the liquidity trap. c. accompanying decreases in the money supply that will cause the interest rate to rise and, thus, prevent the crowding out of investment. d. accompanying increases in the money supply in order to prevent the interest rate from rising and, thus, prevent the crowding out of investment. e. both b and/or d
People who live in countries with ________ average incomes generally live __________ lives.
A. lower; shorter B. lower; longer C. higher; shorter D. higher; more meaningful
In most of the 1970s, the Fed's policy created expectations of high inflation
a. True b. False Indicate whether the statement is true or false