Category: Supply and Demand

A. increase quantity demanded, reduce quantity demanded
B. increase quantity demanded, increases quantity demanded
C. reduce quantity demanded, reduce quantity demanded
D. reduce quantity demanded, increase quantity demanded

A. Demand shifts outwards
B. The supply curve shifts inwards
C. The quantity supplied falls when the price falls
D. The supply curve shifts outwards

A. Increased saving
B. Increasing import spending
C. Increased taxation revenue
D. increased investment

A. quantity demanded equals quantity supplied
B. quantity demanded is less than quantity supplied
C. quantity supplied is greater than quantity demanded
D. quantity demanded is greater than quantity supplied

A. Demand is price elastic
B. Demand is price inelastic
C. The demand curve is downward sloping
D. An increase in income will reduce the quantity demanded

A. price to fall
B. quantity supplied to decrease.
C. price to rise
D. quantity demanded to increase

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. Marginal utility
B. Additional utility
C. Surplus utility
D. Bonus utility

A. The quantity consumers would like to buy in an ideal world
B. The quantity producers are willing and able to sell at each and every price all other things unchanged
C. The quantity producers are willing and able to sell at each and every income all other things unchanged
D. The quantity producers are willing and able to sell at each and every point in time all other things unchanged

A. substitutes inferior
B. normal, complements
C. substitutes complements
D. normal, inferior