Author Question: When the price of a good or service changes a. the supply curve shifts in the opposite direction. ... (Read 66 times)

jwb375

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When the price of a good or service changes
 a. the supply curve shifts in the opposite direction.
  b. the demand curve shifts in the opposite direction.
  c. the demand curve shifts in the same direction.
 d. there is a movement along a given demand curve.

Question 2

Investment will decrease if business taxes ____, real interest rates ____, or if business confidence ____.
 a. increase, increase, increases
  b. decrease, decrease, decreases
  c. increase, increase, decreases
  d. decrease, decrease, increases



Loise Hard

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Answer to Question 1

d

Answer to Question 2

c



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