Which of the following is true about the demand curve?
a. It is always graphically depicted by a straight line.
b. It is used to illustrate the effect of price on the quantity supplied.
c. It usually slopes upward and to the right.
d. It shows the relationship between product demand and product price.
e. It shows the quantity of product customers will buy in a market during a period of time even if other factors change.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level