Which of the following spillover effects from a price increase would be a negative?
A) Increased wages reduce profits
B) If aggregate income rises then demand for all other normal goods increase
C) Increase in demand for complimentary non-labor tools
D) Decreased wages increase profits
Correct Answer:
Verified
Q4: As a result of agricultural pricing policies
Q5: When governments impose import quotas,they require_.
A) Importers
Q6: When governments build up a buffer stock,they
Q7: A uniform increase in the price of
Q8: When governments tax,subsidize or regulate market transactions
Q10: Policies that lower consumer prices relative to
Q11: Developing countries tend to _ agriculture,while developed
Q12: In the 1930s,1940s and 1950s many developing
Q13: When governments set up a marketing board:
A)
Q14: A household,that is net buyer of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents