Author Question: The law of supply states that there is a positive relationship between price and quantity supplied, ... (Read 76 times)

danielfitts88 · **on:** Jun 30, 2018

The law of supply states that there is a positive relationship between price and quantity supplied, ceteris paribus.

Indicate whether the statement is true or false

Question 2

Amanda lives in France. She received 5,000 as a wedding gift from a relative living in the U.S. This is an example of a(n) ________.

A) factor payment to France B) transfer payment to France
C) import by the U.S. D) export by the U.S.