The demand curve will shift to the left if the price of substitute products increases.
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Q5: Frictional unemployment is caused by economic fluctuations.
Q6: Capital includes land and minerals that a
Q7: As social equality is a major goal
Q8: The supply curve of a firm will
Q9: Cyclical unemployment is caused by a mismatch
Q11: Deflation is an economic condition in which
Q12: In practice,no economy is truly a free-market
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