1. In general – if price of an item dramatically increases, does demand normally

1.  In general – if price of an item dramatically increases, does demand normally – A) Increase  B) Decrease  C) Stay the Same

2.  In general – if price of an item dramatically decreases, does demand normally – A) Increase  B) Decrease  C) Stay the Same

3.  In general – if the supply of an item dramatically increases, does price normally – A) Increase  B) Decrease  C) Stay the Same

4.  In general – if the supply of an item dramatically decreases, does price normally – A) Increase  B) Decrease  C) Stay the Same

5.  In general – if the demand of an item dramatically increases, does price normally – A) Increase  B) Decrease  C) Stay the Same

6.  In general – if the demand of an item dramatically decreases, does price normally – A) Increase  B) Decrease  C) Stay the Same

7.  In general – if interest rates increase, does the demand for loans by consumers and businesses normally – A) Increase           B) Decrease  C) Stay the Same

8. In general – if interest rates decrease, does the demand for loans by consumers and business normally – A) Increase               B) Decrease  C) Stay the Same