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 180 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
YES! Correct, THANKS for helping me on my review


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

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.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library