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Social Science Clinic => Economics => Microeconomics => Topic started by: mp14 on Jul 1, 2018

Title: Federal government expenditures account for more than two-thirds of the money spent in the public ...
Post by: mp14 on Jul 1, 2018

Federal government expenditures account for more than two-thirds of the money spent in the public sector.
 
  a. True b. False

Question 2

Assuming plasma TVs are a normal good, an increase in consumer incomes will lead to
 
  A) a rightward shift of the demand curve for plasma TVs.
  B) a movement upward along the demand curve for plasma TVs.
  C) a rightward shift of the supply curve for plasma TVs.
  D) no change of the demand curve for plasma TVs.

Title: Federal government expenditures account for more than two-thirds of the money spent in the public ...
Post by: jessicaduplan on Jul 1, 2018

Answer to Question 1

b

Answer to Question 2

A