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Author Question: When the price of a good or service changes a. the supply curve shifts in the opposite direction. ... (Read 70 times)

jwb375

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


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