Homework Clinic
Social Science Clinic => Economics => Topic started by: SAVANNAHHOOPER23 on Jun 29, 2018
-
Countries with higher rates of saving
A) experience lower growth rates in the future.
B) have a large population.
C) have a greater number of poor people.
D) have higher rates of growth.
Question 2
The relationship between quantity supplied and the price of output is such that
A) an increase in quantity will automatically lead to a reduction in price.
B) an increase in price will lead to an increase in quantity supplied.
C) an increase in price will produce an inward shift in the supply curve.
D) quantity will decrease as the number of firms increases.
-
Answer to Question 1
D
Answer to Question 2
B