Which of these statements best represents the law of demand?
a. When buyers' tastes for a good increase, they buy more of the good.
b. When the size of the consumer population rises, buyers purchase more of most goods.
c. When the price of a good decreases, buyers purchase more of the good.
d. Changes in preferences lead to changes in demand.
Question 2
Which of the following increases U.S. aggregate demand?
a. a lower price level, increasing citizen's real wealth
b. a lower price level, reducing interest rates
c. a lower price level, increasing exports and decreasing imports
d. an increase in Americans' expected future incomes
Rule of Nines. A method for determining percentage of body burned. Each different colored section re
How to convert verbal statements into algebraic equations (Part 1)
How to convert verbal statements into algebraic equations (Part 3)
The demand for energy is met by burning coal and other fossil fuels
Rice noodles are a good gluten-free substitute for pasta
During a period of high power demand, the voltage output of the power company is reduced by ...