【ACCA选择题】
第一题:Which one of the following would not lead directly to a shift in the demand curve for overseas holidays?
A An advertising campaign by holiday tour operators
B A fall in the disposable incomes of consumers
C A rise in the price of domestic holidays
D A rise in the price of overseas holidays
第二题:Which of the following is likely to lead to a fall in the price of good Q which is a normal good?
A A rise in the price of good P,a substitute for good Q
B A fall in the level of household incomes generally
C A fall in the price of good T,a complement to good Q
D A belief that the price of good Q is likely to double in the next 3 months
第二题:【C】Rationale:The effect of price being above the equilibrium(market clearing)price is that supply will extend and demand will contract.