Author Question: If the price of a product increases, we would expect A) the level of demand to decrease. B) ... (Read 94 times)

imanialler · **on:** Jun 29, 2018

If the price of a product increases, we would expect

A) the level of demand to decrease.
B) quantity supplied to increase.
C) the level of supply to increase.
D) an increase in quantity demanded.

Question 2

The problem of dead capital can be eliminated by

A) changing the structure of import tariffs.
B) increasing the labor force participation rate.
C) making it easier for people to establish legal ownership of productive capital.
D) restricting population growth.