Author Question: Either an increase in the number of buyers or an increase in tastes or preferences for a good or ... (Read 111 times)

jhjkgdfhk · **on:** Jun 30, 2018

Either an increase in the number of buyers or an increase in tastes or preferences for a good or service will increase the market demand for that good or service.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In an open economy, the real level of U.S. exports and the quantity of RGDP demanded ______ the price level.
a. Move in the same direction as
b. Move in the opposite direction from
c. Are not affected by
d. Have an indeterminate relationship with