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QUESTION 3 If everything else remains constant, an increase in the demand for capital will result in . (Choose all the ones that apply.) CI

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QUESTION 3 If everything else remains constant, an increase in the demand for capital will result in . (Choose all the ones that apply.) CI a decrease in interest rates 0 an increase in interest rates D a decrease in available capital 0 an increase in available capital 20 points Save Response QUESTION 4 A price increase can occur because of . (Choose all the ones that apply.) 0 an increase in demand D a decrease in demand CI an increase in supply 0 a decrease in supply 20 points Save Response QUESTION 5 The townspeople have noticed that the price of wheat has remained the same, while the price of bread has risen. This means that the price of bread has gone up because 0 the supply of wheat has increased. 0 the demand for bread has declined. O the demand for bread has increased. 0 the supply of our has decreased. 20 points Save Response QUESTION 1 20 points Save Response can cause a shortage (or shortage that is the same thing) of a good. (Choose all the ones that apply.) D CI CI CI an increase in demand a decrease in demand an increase in supply a decrease in supply QUESTION 2 20 points Save Response In order to be able to buy a new version of the iPhone, customers have to sign up well in advance on a List to he sold. What are the possible causes for this? (Choose all the ones that apply) 0 Apple over-estimates its production capacity of iPhones. 0 Apple underestimated its production capacity for iPhones. D The demand for new versions of iPhone is higher than projected. 0 Demand for new iPhone versions is lower than projected. D The price of the new versions of the iPhone is below the market equilibrium price

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