Mircoeconomics 2302 – assessment quiz 3

Assessment: Lesson 3 Quiz  Question 1 (6063111): Supply is provided by ____________ and demand is created by consumers. Correct answer(s):  government householdsproducersFederal Reserve________________________________________Question 2 (6063122): When price decreases the quantity demanded by consumers __________ if all other influences remain the same.Correct answer(s):  increasesdecreasesstays the sameall the above________________________________________Question 3 (6063142): If consumers think that prices would go down in the …

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