A. Supply curve
B. Market demand curve
C. Demand curve
D. Market supply curve
A. Status
B. Prestige
C. Utility
D. Self-esteem
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. negative income elasticity income elasticity greater than 1
B. income elasticity greater than 1, negative income elasticities
C. Positive income elasticities, negative income elasticities
D. None of the above
A. substitutes inferior
B. normal, complements
C. substitutes complements
D. normal, inferior
A. inelastic; increase
B. elastic; increase
C. elastic, decrease
D. none of the above
A. shift aggregate supply to the right
B. shift aggregate supply to the left
C. shift aggregate demand to the right
D. shift aggregate demand to the left
A. shift aggregate supply to the right
B. shift aggregate supply to the left
C. shift aggregate demand to the right
D. shift aggregate demand to the left
A. increase consumption
B. increasing export revenue
C. increased taxation revenue
D. increased investment
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