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    Macroeconomics Study Set 20
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    Exam 3: Supply and Demand: Theory
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    -Refer to Exhibit 3-9
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-Refer to Exhibit 3-9

Question 134

Question 134

Multiple Choice

  -Refer to Exhibit 3-9.Consumers view X and Y as substitutes.If the price of Y increases as a result of a decrease in the supply of Y,an economist would expect a movement in the market for X from A)  F to E. B)  A to B. C)  E to F. D)  B to A.
-Refer to Exhibit 3-9.Consumers view X and Y as substitutes.If the price of Y increases as a result of a decrease in the supply of Y,an economist would expect a movement in the market for X from


A) F to E.
B) A to B.
C) E to F.
D) B to A.

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