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Author Question: Refer to Figure 13-1. Ceteris paribus, a decrease in households' expectations of their future income ... (Read 144 times)

nevelica

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on: Jun 29, 2018
Refer to Figure 13-1. Ceteris paribus, a decrease in households' expectations of their future income would be represented by a movement from
 
  A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Question 2

Refer to Figure 3-4. At a price of 20, how many units will be sold?
 
  A) 400 B) 500 C) 600 D) 800


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kswal303

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


nevelica

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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