During a recession, the demand for specialty goods tends to increase.
举一反三
- If two goods are substitutes, then an increase in the price of one of them will increase the demand for the other.
- If two goods are substitutes, then an increase in the price of one of them will increase the demand for the other. A: 错 B: 对
- （）occurs whenever the demand for goods and services tends to be greater than the supply. A: Stimulus B: Highlight C: Inflation D: Fluctuation
- If a 4% increase in income causes a 2% increase in the amount of books demanded, then A: The income elasticity of demand for books is negative B: Books are a necessity and a normal good C: Books are luxury goods D: Books are inferior goods
- An increase in the capital stock causes labor productivity to ( ) A: decrease and the standard of living to increase. B: increase and the standard of living to increase. C: decrease and the standard of living to decrease. D: increase while the standard of living remains constant.