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Author Question: Due to low interest rates, increased banking regulations, and technological change, JPMorgan Chase ... (Read 36 times)

drink

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on: Jun 29, 2018
Due to low interest rates, increased banking regulations, and technological change, JPMorgan Chase announced it would ________ the number of persons it employed in 2015 and this would ________ the total number of persons unemployed in the economy.
 
  A) decrease; increase B) increase; decrease C) decrease; decrease D) increase; increase

Question 2

If the price of prime rib falls, the income effect due to the price change will cause
 
  A) an increase in the quantity of prime rib supplied.
  B) an increase in the demand for prime rib.
  C) an increase in the demand for flank steak, a substitute for prime rib.
  D) an increase in the quantity of prime rib demanded.


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ilianabrrr

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

A

Answer to Question 2

D


drink

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

Liddy

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

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