Question: D Question 4 3 pts D Question 1 1 pts If the demand curve for coffee shifts to the In the U.S., the average rate

 D Question 4 3 pts D Question 1 1 pts If

the demand curve for coffee shifts to the In the U.S., the

D Question 4 3 pts D Question 1 1 pts If the demand curve for coffee shifts to the In the U.S., the average rate of unemployment right when income increases, coffee must be a(n) O changes so often that it is almost meaningless O inferior good. O ss around 10% O durable good. O is around 5% O perfectly competitive good. O is much higher than in other countries because normal good. we outsource so many jobs D Question 2 3 pts Its D Question 8 Its 3 pts port When there is a surplus in a market, sellers port Economists are more likely to use the CPI to O lower price, which increases quantity demanded measure inflation than the GDP deflator is and decreases quantity supplied, until the because surplus is eliminated. O lower price, which decreases quantity the CPI only includes the goods and services demanded and increases quantity supplied, until bought by consumers. the surplus is eliminated. the GDP deflator cannot be used to measure O raise price, which decreases quantity demanded inflation. and increases quantity supplied, until the surplus is eliminated. O the CPI is easier to measure. O raise price, which increases quantity demanded O the CPI is calculated more often than the GDP and decreases quantity supplied, until the deflator is. surplus is eliminated

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!