Which of the Following Is Not True Regarding a Change

question 224

Multiple Choice

Which of the following is not true regarding a change in quantity demanded?

• A)A change in quantity demanded is shown by a movement along a given demand curve.
• B)The demand curve shifts whenever the quantity demanded changes.
• C)A change in the price of a good, other things constant, will lead to a change in quantity demanded.
• D)The lower the price of a product, other things constant, the higher the quantity demanded.
• E)A shift of the supply curve might cause a change in quantity demanded.

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Definitions:

Balance Sheet

A financial report that outlines a corporation's assets, liabilities, and owner's equity at a particular moment.

Interest Receivable

The amount of interest that has been earned but not yet received in cash.

Interest Revenue

Income earned by an entity through investments in interest-bearing financial instruments or accounts.

Debt Investments

Financial assets purchased with the expectation that the loan made to the issuer (such as bonds) will be paid back with interest.