Price demand Quantity D 7) Refer to the Figure above. A change from point B to point C represents: A) increase in demand

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Price Demand Quantity D 7 Refer To The Figure Above A Change From Point B To Point C Represents A Increase In Demand 1 (56.28 KiB) Viewed 11 times

Price demand Quantity D 7) Refer to the Figure above. A change from point B to point C represents: A) increase in demand. B) decrease in C) decrease in quantity demanded D) increase in quantity demanded 8) The nominal GDP in the country is $3 trillion. This means that: A) the value of output is 3trillion. B) total income is $3 trillion. C) total spending is $3 trillion. D) all of the above are true. 9) Investment, as defined by economists, would not include which of the following? A) buying Apple stocks B) adds 2,000 new TV to inventories. C) builds another assembly plant in the United States. D) buys a new robotic machine (from a plant in Ohio) to assemble cars.