An Increase in the Price of a Good Would

question 96

Multiple Choice

An increase in the price of a good would

• A) decrease the demand for the good.
• B) decrease the quantity demanded for the good.
• C) increase the demand for the good.
• D) decrease the quantity supplied of the good.

Identify the effects of cultural homogenization and heterogenization due to globalization.

Recognize the role and influence of global justice movements and their opposition to aspects of globalization.

Comprehend the interplay between global economic policies and their effects on national economies, particularly in terms of development and underdevelopment theories.

Understand the implications of neoliberal policies on global economic structures and their critique.