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What is the amount of a good or service that a consumer is willing to buy called
Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
Keynes emphasized that income was determined by which of these
consumption, investment, and government spending
This type of economics addresses the question what is
Pure economics addresses this question.
In which direction does the demand curve on a graph slant
Downward left to right
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Agriculture
Which of these should happen in order for a country to increase capital effectively
More money invested and/or saved.
On a graph what are the labels for the axes and the name called
titles
The interaction of the producer and the consumer establishes a price
True.
If supply exceeds demand for a product what economic explanation occurs
prices decrease
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Treasury
Which of these described they economic view of the Chicago school of economists
microeconomic
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