Economics can be defined as: a. The science of mathematics in an economy’s context. b. A social science concerned with the production, consumption and distribution of goods and services. c. A social science concerned with tourism and all its facets. d. A subset of tourism, recreation and mathematics. 2. Which of the following will shift the demand curve for four-star hotel accommodation in New York to the right? e. A rise in the value of the US dollar against other currencies. f. A fall in incomes of consumers. g. A successful advertising campaigns. h. A terrorist threat to New York.

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