This topic contains a solution. Click here to go to the answer

Author Question: In July, market analysts predict that the price of gold will rise in August. What happens in the ... (Read 165 times)

abc

  • Hero Member
  • *****
  • Posts: 543
In July, market analysts predict that the price of gold will rise in August. What happens in the gold market in July, holding everything else constant?
 
  A) The supply curve shifts to the right.
  B) The demand curve shifts to the left.
  C) The quantity demanded and the quantity supplied increase.
  D) The supply curve shifts to the left.

Question 2

What is the term that describes a situation in which one party to an economic transaction has less information than the other party?
 
  A) monopsony B) asymmetric information
  C) inefficient market hypothesis D) unequal market structure



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

D

Answer to Question 2

B




abc

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library