Which of these statements best represents the law of demand? a. ...

[azncindy619]

Which of these statements best represents the law of demand?
 a. When buyers' tastes for a good increase, they buy more of the good.
 b. When the size of the consumer population rises, buyers purchase more of most goods.
  c. When the price of a good decreases, buyers purchase more of the good.
 d. Changes in preferences lead to changes in demand.

Question 2

Which of the following increases U.S. aggregate demand?
 a. a lower price level, increasing citizen's real wealth
 b. a lower price level, reducing interest rates
 c. a lower price level, increasing exports and decreasing imports
  d. an increase in Americans' expected future incomes

[katkat_flores]

Answer to Question 1

c

Answer to Question 2

d