Increased levels of spending on imports ?

Related Mcqs:

An increase in the price of a complement for product A would ?

A. Shift demand for Product A outwards B. Shift demand for product A inwards C. Shift supply for product A outwards D. Shift supply for product A inwards...

An increase in aggregate demand will have most effect on prices if ?

A. Aggregate supply is price inelastic B. Aggregate supply is price elastic C. Aggregate supply has a unitary price elasticity D. Aggregate demand is price inelastic...

A firm that breaks even after all economic costs are paid is earning ?

A. Economic profit B. Accounting profit C. Normal profit D. Supernormal profit...

When the market operates without interference, price increases will distribute what is available to those who are willing and able to pay the most. This process is known as ?

A. Quantity setting B. price fixing C. price rationing D. quantity adjustment....

A supply curve that starts at the origin has ?

A. A price elasticity of supply greater than one B. A price elasticity of supply equal to one C. A price elasticity of supply less than one D. A positive price elasticity of supply...