The Market Demand Curve

question 86

Multiple Choice

The market demand curve

• A)and the individual demand curve are synonymous.
• B)is calculated by multiplying the number of consumers by the individual demand curve.
• C)shows how the total quantity demanded of some good changes as price changes, other things held constant.
• D)can be calculated even if individual demand curves are unknown.

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Definitions:

Issue Date

The date on which a document, such as a check, bond, or stock, is issued or goes into effect.

Simple Interest

Interest calculated only on the initial amount of money deposited or borrowed, without compounding.

Treasury Bills

Promissory notes issued (at a discount to face value) by the federal government or a provincial government to borrow money for a short term.

Auction

A public sale where goods or property are sold to the highest bidder.