Homework Clinic
Social Science Clinic => Economics => Topic started by: erika on Jun 29, 2018
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By drawing a demand curve with price on the vertical axis and quantity on the horizontal axis, economists assume that the most important determinant of the demand for a good is
A) consumer tastes and preferences. B) the quality of the good.
C) the price of the good. D) consumer income.
Question 2
A financial intermediary's main function is to match ________ with excess funds to ________ with a shortage of funds.
A) firms; insurance companies B) savers; borrower
C) borrower; savers D) governments; households
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Answer to Question 1
C
Answer to Question 2
B