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

Author Question: Refer to Figure 15-1. In the figure above, the money demand curve would move from Money demand1 to ... (Read 189 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
Refer to Figure 15-1. In the figure above, the money demand curve would move from Money demand1 to Money demand2 if
 
  A) the price level increased. B) real GDP decreased.
  C) the interest rate decreased. D) the Federal Reserve sold Treasury securities.

Question 2

Assume that both the demand curve and the supply curve for DVD players shift to the left but the demand curve shifts more than the supply curve. As a result,
 
  A) both the equilibrium price and quantity of DVD players will decrease.
  B) the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
  C) the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will decrease.
  D) the equilibrium price of DVD players will increase; the equilibrium quantity may increase or decrease.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

A




D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
:D TYSM


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library