Suppose good A is a normal good for Bob. If Bob's income decreases, ceteris paribus, the: O Demand for good A will shift to the right O Demand for good A will shift to the left Supply of good A will shift to the right O Supply of good A will shift to the left Suppose good A is considered to be an inferior good for Pasha. If Pasha's income increases, ceteris paribus, the: Demand for good A will shift to the right Demand for good A will shift to the left Supply of good A will shift to the left Supply of good A will shift to the right Governmental plans for taxing and spending are referred to as: O Fiduciary policy O Fiscal policy Monetary policy O Lending policy Which of the following best describes the law of demand? There is a positive relationship between the factors of production and the quantity of demanded, holding price constant There is a positive relationship between the quantity of a good demanded and that good's price, holding all other factors constant. There is a negative relationship between the factors of production and the quantity of demand, holding price constant There is a negative relationship between the quantity of a good demanded and the good's price, holding all other factors constant