A Demand Curve Will Shift to the Left If the _____

question 71

Multiple Choice

A demand curve will shift to the left if the _____.

• A)number of buyers increases
• B)future expectations become more optimistic
• C)buyers' incomes decrease
• D)prices of substitute goods increase

Distinguish between short-term and long-term investment risks.

Understand the properties of logarithmic functions.

Interpret and graph logarithmic functions.

Understand and apply the change-of-base formula.

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Definitions:

Fourteenth Amendment

An amendment to the United States Constitution, granting citizenship to former slaves and providing all citizens with "equal protection under the laws," ratified in 1868.

Supreme Court

The highest federal court in the United States, endowed with the judicial power of the government and hence functions as the ultimate authority on constitutional interpretation.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.