Author Question: If a good is a normal good, an increase in income will A) decrease the quantity demanded of the ... (Read 94 times)

SAVANNAHHOOPER23

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If a good is a normal good, an increase in income will
 
  A) decrease the quantity demanded of the good.
  B) increase the demand for the good.
  C) cause the demand curve for the good to shift to the left.
  D) cause a movement down along the demand curve.

Question 2

A major contributor to a country's real rate of economic growth is its real GDP growth relative to its
 
  A) inflation.
  B) unemployment rate.
  C) money growth.
  D) none of the above.



macagnavarro

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Answer to Question 1

B

Answer to Question 2

D



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