When Drawing a Demand Curve

question 84

Multiple Choice

When drawing a demand curve,

• A)demand is measured along the vertical axis,and price is measured along the horizontal axis.
• B)quantity demanded is measured along the vertical axis,and price is measured along the horizontal axis.
• C)price is measured along the vertical axis,and demand is measured along the horizontal axis.
• D)price is measured along the vertical axis,and quantity demanded is measured along the horizontal axis.

---

Definitions:

Income Inequality

The uneven distribution of income within a population, leading to a significant disparity between the wealthy and the poor.

Decreased

A reduction in size, amount, extent, or intensity.

United States

A country in North America, consisting of 50 states and a federal district, known for its significant global economic and cultural influence.

Wealth Distribution

The comparative analysis of the distribution of assets among individuals or groups within a society or economy.