Answer to Question #237256 in Economics for CCW

Question

Demand Review: (pick one in parentheses)

9) “A change in demand” results from a (change in price/change in non price factors).

10) “An increase in income” would result in an (increase/decrease) in (D/QD) for CDs.

Answer 1

 “A change in demand” results from a change in non price factors.

 “An increase in income” would result in an increase in QD for CDs.