An individual who suffers from money illusion will
A) feel that a doubling of prices and income improves his economic position.
B) concentrate on relative prices.
C) never be fooled by the impact of price changes on the purchasing power of income.
D) try to use counterfeit money.
Question 2
An increase in demand is shown graphically by
A) a shift of the demand curve to the left.
B) a movement up along the existing curve.
C) a shift of the demand curve to the right.
D) a movement down the existing curve.
optical illusion
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Many children learn not to express prejudice overtly but may feel it implicitly.
What is real and what is an illusion?
Three types of “end feel” in normal joints.
Relationship between Latitude and Income per Capita